Deltic Energy plc’s joint venture partner has installed the Maersk Resilient rig and begun drilling on the Pensacola gas prospect in the Southern North Sea.
PROSPECTIVE RESOURCES
The company has a 30% working interest in licence P2252 located in the emerging Zechstein Reef play fairway.
Deltic estimates Pensacola contains gross P50 prospective resources of 309 bcf.
Operator Shell UK Ltd (70%) is expected to take 60 to 90 days on drilling operations, after which well will be plugged and abandoned.
HIGH IMPACT
“We are excited to have commenced the well operations of our first exploration well on the Pensacola gas prospect,” said chief executive Graham Swindells.
“Pensacola is a high impact, potentially play opening prospect and represents what we hope will be the first of many wells as the company continues to implement its strategy to identify opportunities and discover gas to support the UK’s energy needs.”