IOG plc has solved the restriction in the Blythe H2 development well and paused appraisal drilling at the Saturn Banks project to maximise production and near-term cash flow. OPERATING EFFICIENCY Over the weekend, the company verified the downhole blockage in the gas well at the expected depth and fully opened the valve. Following the change […]
Tag: IOG plc
IOG delivers first gas from Blythe H2
IOG plc today confirmed first gas delivery on 12 June from the Blythe H2 development well into the Saturn Banks reception facilities and Bacton terminal. RATES The H2 well was brought onstream in three months and one week from spud date despite delays. The maximum well test dry gas rate is 22.8 mmscf/d and 280-336 […]
IOG to investigate Blythe H2 constrained flow rates
IOG plc will investigate a potential mechanical blockage downhole constraining flow in the Blythe H2 development well in the southern North Sea. ISSUES Remedial downhole equipment will be mobilised in the coming weeks and run in the well with the rig alongside, with H2 well shut in during these operations. The news follows gas […]
IOG on course for first gas at Blythe H2
IOG plc said it was on course for first gas by the end of the second quarter after overcoming problems from the gas and oil influx at the Blythe H2 well at the Saturn Banks project. REVISED PLAN In mid-April a gas and oil influx from the Hauptdolomit, encountered while drilling the development well, gave […]
IOG identifies new gas reserves-prospects
IOG plc has identified undeveloped additional conventional gas resources and several new prospects around the Saturn Banks project in the southern North Sea (SNS). CENTRAL The company, which holds cash of £31.9 million with £6.8m restricted, outlined potential development of at least five contiguous licences in the Vulcan and Jupiter areas. These include the Southwark, […]
IOG costs rise up to £3m
IOG plc is making “steady progress” to resolve the oil and gas influx which delayed drilling Blythe H2 development well at the Saturn Banks project in the southern North Sea. BLYTHE H2 The company added that the situation had been “uniquely challenging” but two issues of a stuck drill string and a plugged drillpipe were […]