Sedco 712 rig moves to drill Lancaster appraisal well

Hurricane Energy plc, the UK-based oil and gas company focused on hydrocarbon resources in naturally fractured basement reservoirs, has started the mobilisation process for the Transocean Sedco 712 semi-submersible drilling rig to its West of Shetland location.

 

The planned operation is to drill and test the Lancaster basement oil discovery. Well management company SPD Limited has been contracted to provide well construction and project management services during the drilling campaign.

The Lancaster discovery was made in 2009 and further tested in 2010. Hurricane’s Competent Person’s Report, prepared by RPS Energy Consultants Limited in November 2013, allocates 2C recoverable Contingent Resources of 207 MMboe to Lancaster. The discovery is located across blocks 205/21a, 205/22a and 205/26b West of Shetland on Frontier Licence P1368. All assets under the licence are controlled 100% by Hurricane.

Dr Robert Trice, Chief Executive Officer of Hurricane, said: The team has worked hard to ensure we are fully prepared for this mobilisation and we are ready to take advantage of the early drilling season on this important appraisal well. I am pleased that mobilisation is starting at the earliest date possible in our expected range.”

 

Press Release, April 16, 2014

 

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