EnCore Oil plc announces that the East Breagh well 42/13-4 has reached total depth having successfully encountered significant gas shows.
Initial analysis of wireline log and pressure data indicates the presence of a 72 foot net gas bearing interval and that the gas in this well is likely to be part of the same accumulation found in the 42/13-3 well, drilled in 2007 approximately four kilometres to the northwest.
The partnership group has taken the decision to undertake a well testing programme to better understand the potential productivity of the reservoir in this part of the accumulation. The testing programme is expected to take approximately 14 days. EnCore has a 15 per cent. interest in the licence, and Sterling Resources Limited is the operator.
In November 2007, well 42/13-3 was drilled on Breagh and successfully tested dry gas at a maximum rate of 17.6 million standard cubic feet per day through a 56/64” choke. The gas was produced from the Carboniferous reservoir perforated between 7,332 feet and 7,447 feet measured depth below rotary table. Well 42/13-3 encountered a 76 foot net gas bearing interval and was suspended as a potential gas producer.
The joint venture partners are Sterling Resources 45% and operator, Stratic 10%, Regernesys 15%, Encore 15% Faroe 10% and Petroventures 5%.
Alan Booth, EnCore Oil’s Chief Executive Officer, commented:
“Subject to successful testing, we believe that this well has established a very significant gas accumulation at Breagh. Following the testing programme the rig will drill a high angle well adjacent to the earlier 42/13-3 well to gain further information about reservoir productivity which will provide input for the design of the Breagh field development programme. In addition to this, we look forward to the results of ongoing drilling at Esmond and also at Bowstring East where we expect to commence drilling operations within the next week.”
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