Nexen: Blackbird’s second production well spudded

Atlantic Petroleum has announced that the Blackbird Field second production well has spudded using the Noble Ton V Langeveld drilling rig.

The Blackbird field was discovered in 2008 and has been in production since 2011. The field currently consists of one subsea producer and one water injector tied back to the Aoka Mizu FPSO (which also handles the Ettrick Field production). Oil is exported by shuttle tanker and gas exported to the St. Fergus gas terminal. The well is expected to be in production in early Q3 2014 and provide a significant production boost for the Field. The base case production from the well is included in the Atlantic Petroleum production guidance for 2014. The investment in the well qualifies for the Brown Field Allowance under the UK taxation system.

Ben Arabo, CEO, commented: “We are pleased to announce the start of operations on the well and look forward to the production increase that it will generate.”

The Blackbird Field is owned by Nexen Petroleum U.K. Limited (Operator) 73.02957%, Nexen Ettrick U.K. Limited 17.57270% and Atlantic Petroleum UK Limited 9.39773%.

Press Release, April 28, 2014

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