Well engineering specialist Fraser Well Management (FWM) has won a contract to operate the Devil Hole Horst (DHH) appraisal well in the UK Central North Sea, it said February 22. It is chasing some 2bn barrels of net mean prospective resources.
Two test wells drilled there 50 years ago showed hydrocarbons within the Permian Zechstein formation. Now, following more analysis, NSNRL believes there may be substantial oil reserves in the Jurassic Fulmar Sands which the original test wells missed.
North Sea Natural Resources (NSNRL) won licence P2321 in the 29th round. It consists of seven contiguous blocks covering the DHH prospect, some 160 km east of Aberdeen. Consultancy Gaffney, Cline & Associates has verified 1.8bn barrels of net mean prospective resources.
FWM Managing Director Nick Ford said: “NSNRL’s contract award reflects the increased confidence in the North Sea after two years of understandably low investment. We are pleased to see that our well operator model provides organisations such as NSNRL the ability to develop their prospects in a safe, aligned and cost-effective manner. We are looking forward to working with NSNRL on this exciting project.”
The company has been providing well operator services to licence holders on the UKCS since 2017. They cover all phases of well activity from construction, production, and intervention through to late life and decommissioning. For more information, please see here.