Melrose Hits Gas Pay Offshore Bulgaria
Melrose Resources found oil in the Galata Block offshore Bulgaria in the Kavarna East No. 1 well, which was drilled to test an exploration prospect about 6 miles (10 kilometers) to the east of the Galata production platform. The new gas discovery penetrated the top of the Paleocene reservoir interval at a depth of 2,753 feet (839 meters), encountering a net gas pay of 89 feet (27 meters) with an average porosity of 29%. The preliminary reserves estimate for the discovery is 12 Bcf, and is in-line with pre-drill estimates. The planned development for Kavarna East is to tie it back to the Kavarna subsea well location. Drilled by the Jupiter jackup, the rig will now install a subsea tree for the Kaliakra field development, and may then drill the Kaliakra East prospect. Melrose wholly owns and operates the discovery.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.
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