Deltic Energy plc reported a “substantial hydrocarbon column” discovery at the Pensacola prospect on the joint venture (JV) licence P2252 in the southern North Sea. HYDROCARBON COLUMN Deltic holds a 30% working interest in the project with Shell UK Ltd (operator 65%) and ONE-Dyas (5%). Well 41/05a-2 reached a total depth of 1,965 metres true […]
Tag: Pensacola prospect – Licence P2252
Deltic to test exploration well at Pensacola
Deltic Energy plc joint venture plans full well testing after encountering gas in the targeted reservoir at the Pensacola prospect in the Southern North Sea. COMMERCIAL The JV for licence P2252 comprises operator Shell 65%, Deltic 30% and ONE-Dyas 5% working interests. Deltic added that testing of well 41/05a would evaluate the commerciality of the […]
Deltic Energy JV spuds Pensacola gas prospect
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 […]
Reabold conditionally acquires Simwell
Reabold Resources plc has increased its oil and gas interests with the conditional acquisition of Simwell Resources Ltd. LICENCES The company signed a sales and purchase agreement (SPA) for a total initial consideration, plus repayment of all outstanding creditors/liabilities, of £1 million in part shares-part cash. Reabold said that the deal would substantially increase its footprint […]
Deltic partner Shell awards Pensacola rig contract
Deltic Energy plc’s joint venture partner Shell UK Ltd has awarded the rig contract to drill the Pensacola gas exploration well within licence P2252 in the southern North Sea. SCHEDULE The Maersk Resilient, which has been under contract to Shell since the start of June, will drill the well. The rig is currently drilling a […]
Deltic-Shell complete Pensacola well site survey
Deltic Energy plc and partner Shell UK Ltd have completed the final phase of the site survey over the planned location for the Pensacola gas exploration well in the southern North Sea. DRILL The survey on licence P2252 was completed by 20 October, on budget and without incident. Deltic said that operator Shell had confirmed […]