Hannon Westwood issues UK frontier offshore study

Offshore staff

GLASGOW, UK – Consultant Hannon Westwood has released its “UK 29th Frontier Licensing Round Screening Study.”

As with earlier reports, this describes previously mapped, undrilled prospects, and undeveloped discoveries within the areas likely to be offered under the UK’s upcoming round.

All 29th Round areas will require innovative thinking to unlock their potential, the consultant claims, as E&A activity on the UK continental shelf has focused primarily on the grabenal areas and the southern gas basin.

Over the last five-10 years some groups have started to define the frontier region potential but studies have been hampered by a paucity of good-quality seismic data and limited drilling.

The 29th Round acreage will be aerially restricted and was initially expected to be confined to areas over the Mid North Sea High and Rockall Trough off western Scotland that were covered by government-sponsored 2D broadband seismic during 2014 and 2015.

However, it appears the government will offer some additional blocks nominated for inclusion prior to the mid-January deadline, probably on the East Shetland Platform in the northern North Sea.

Hannon Westwood’s study is focused on unlicensed areas covered by the recent seismic. Purchasers can review previously mapped prospectivity and determine whether that potential remains valid.

Within the Mid North Sea area are 83 previously mapped prospects and five undeveloped discoveries in unlicensed acreage, while there are seven previously mapped prospects in the Rockall Trough.

Once the government releases the full list of blocks on offer the consultant will publish an update that will include a description of each undrilled prospect and undeveloped discovery.

03/16/2016

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