Drombeg well lets Providence down

Providence Resources, the Irish oil and gas company, is disappointed with well results at the Drombeg prospect in Frontier Exploration Licence (FEL) 2/14 offshore Ireland as the well contains a porous water-bearing reservoir interval. 

The license is located in the southern Porcupine Basin and it is operated by Providence Resources (56%) on behalf of its partners Capricorn Ireland Limited (a subsidiary of Cairn Energy, 30%) and Sosina Exploration Limited (14%).

The license contains the Paleocene “Druid”, Lower Cretaceous “Drombeg” and pre-Cretaceous “Diablo” prospects.

The 53/6-1 (pre-drill designation 53/6-A) well, which spudded on July 11, 2017, is located in c. 2,233 meters of water and c. 220 kilometers off the south-west coast of Ireland.

Providence informed on Monday that the well, drilled by the Stena IceMAX drillship, had reached a final total depth of 5,281 meters MDBRT, having penetrated the north flank of the Lower Cretaceous Drombeg Prospect, which was encountered within the pre-drill depth prognosis.

Logging together with down-hole sampling has confirmed that the Drombeg Prospect contains a porous water-bearing reservoir interval at the well location, said the company. The possible presence of bitumen was reported in drill cuttings within the Drombeg reservoir interval which may indicate that it received an oil charge which was not retained at this location.

However, the company added, further studies will be required in order to confirm this interpretation and its implications for the wider prospectivity within FEL 2/14. The well is currently being plugged and abandoned after which the Stena IceMAX will be demobilized from Irish waters.

Tony O’Reilly, Chief Executive of Providence said: “The 53/6-1 well results at the Drombeg level are disappointing and we will now assess these well data in order to understand what implications they have for prospectivity within the license including in the underlying pre-Cretaceous Diablo Prospect together with other anomalies within FEL 2/14. Frontier exploration requires perseverance and we look forward to seeing the outcome of exploration wells planned for acreage proximate to FEL 2/14, which will test plays similar to Diablo and to those which have proved to be successful in the conjugate Flemish Pass Basin, offshore Canada.”

“53/6-1 is situated in the deepest water of any exploration well ever drilled offshore Ireland and is an important operational milestone for Providence, being our first harsh environment ultra-deep water well operation. Furthermore, through our pre-drill commercial transactions with Cairn (farm-in) and Total (option), Providence’s financial exposure to the well was significantly reduced, thereby ensuring that we remain well funded for our forward drilling operations offshore Ireland, with Barryroe being planned as our next well in this program.”

Share this article

Follow Offshore Energy Today

Events>

<< Mar 2019 >>
MTWTFSS
25 26 27 28 1 2 3
4 5 6 7 8 9 10
11 12 13 14 15 16 17
18 19 20 21 22 23 24
25 26 27 28 29 30 31

16th MOSCOW INTERNATIONAL OIL AND GAS EXHIBITION

The Moscow International Oil & Gas Exhibition display products like oil and gas products, oil and gas services…

read more >

Beijing International Offshore Oil & Gas Exhibition (ciooe) 2019

Beijing International Offshore Oil & Gas Exhibition (ciooe), is a regular gathering in oil & gas industry…

read more >

Lebanon International Oil & Gas Summit 2019

LIOG 2019 will delve further into the opportunities that are present in Lebanon’s energy sector…

read more >

Atyrau Oil & Gas 2019

The event program is dedicated to the most topical issues of search, exploration, development of hydrocarbons…

read more >

Jobs>

Looking to fill a job opening?

By advertising your job here, on the homepage of OffshoreEnergyToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply

Looking to fill a job opening?

By advertising your job here, on the homepage of OffshoreEnergyToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply

Looking to fill a job opening?

By advertising your job here, on the homepage of OffshoreEnergyToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply