Valiant Hits Hydrocarbons in North Sea

Valiant discovered hydrocarbons in the Tybalt exploration well, 211/8c-4, in the targeted Upper Magnus Sand Formation within the eastern 'T2' pinch-out prospect, intersecting a gross oil column of 278 feet (85 meters). Initial data confirmed at least 63 feet (19 meters) of reservoir, lower than pre-drill estimates, however net pay over the drilled section remains to be determined. The well was drilled by Diamond's Ocean Nomad semisub and was expected to take about 30 days to reach its target depth of 11,401 feet (3,475 meters). Currently, Valiant is collecting data, and once analyzed, the net pay has the potential to increase in this part of the field. The company also plans to drill a sidetrack well to test a four way dip 'T1' structure (West Tybalt) located west of the current well. The Tybalt prospect is situated in Quad 211 in the UK sector of the North Sea. Valiant owns an 80% operating interest in the prospect; Agora Oil and Gas owns the remaining 20%.

continue reading about Tybalt on SubseaIQ

continue reading the full article

SubseaIQ provides focused, in-depth coverage of offshore field development activities around the world, with daily updates on hundreds of offshore fields and facilities. Click here to sign up for the free weekly email newsletter.
For More Information on the Offshore Rig Fleet:
RigLogix can provide the information that you need about the offshore rig fleet, whether you need utilization and industry trends or detailed reports on future rig contracts. Subscribing to RigLogix will allow you to access dozens of prebuilt reports and build your own custom reports using hundreds of available data columns. For more information about a RigLogix subscription, visit