EnQuest confirms Eagle as oil discovery

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Source: offshore energy today .com 02.07.2016

UK-based petroleum exploration and production company, EnQuest, has completed drilling of the Eagle exploration well in the UK North Sea and confirmed it as a discovery.

According to the company, after the exploration well was completed and confirmed, assessment of the results is underway and preliminary analysis indicates Fulmar oil bearing reservoir was encountered with a vertical thickness of 67ft and excellent reservoir properties.

Additionally, the company said, no oil water contact was encountered, representing potential upside volumes on the flank of the structure. EnQuest explained that the encouraging results of the initial analysis lead the company to anticipate gross total recoverable reserves to be a similar size to those in the nearby Gadwall producing oil field.

Source story here



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