Egdon to re-assess nearshore North Sea gas prospect

Offshore staff

ODIHAM, UK – Britain’s government has awarded Egdon Resources (AIM:EDR) operatorship of North Sea blocks 41/18 and 41/19 under the UK’s 26th offshore licensing round. Both blocks are off the northeast England coast of North Yorkshire.

Total discovered gas in 1966 with the sole well drilled to date on the license area, 41/18-1 (A339/1-2). Following acidization, the well tested gas at rates of up to 2.5 MMcf/d (70,790 cm/d) from fractured Upper Permian Hauptdolomit carbonates.

Egdon estimates potential resources for the drilled structure in the range 40-272 bcf (1.1-7.7 bcm). The company plans to acquire, reprocess and interpret existing 2D seismic over the blocks, analyze previous well results, and perform a regional geological evaluation.

Depending on the outcome, it will apply to drill a well from an onshore location to appraise the original discovery, which was one of the earliest in the North Sea.


Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now


The Time is Right for Optimum Reliability: Capital-Intensive Industries and Asset Performance Management

Imagine a plant that is no longer at risk of a random shutdown. Imagine not worrying about losing...

Going Digital: The New Normal in Oil & Gas

In this whitepaper you will learn how Keystone Engineering, ONGC, and Saipem are using software t...

Maximizing Operational Excellence

In a recent survey conducted by PennEnergy Research, 70% of surveyed energy industry professional...

Leveraging the Power of Information in the Energy Industry

Information Governance is about more than compliance. It’s about using your information to drive ...