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Back to Bowmore
 A new high pressure and high temperature UK North Sea exploration well is due to kick off in the next couple of weeks targeting the Alpha prospect in the Central North Sea which was previously known as Bowmore.
Nippon Oil Exploration and Production UK is operating the well – its first operated well in the North Sea - and the drilling programme is to be outsourced and managed by an Aberdeen-based drilling company.
Drilling is due to commence early June with the Ocean Guardian operating on the 15/24a-J well targeting the Alpha prospect, aiming to test Claymore, Piper and Galley sandstones.
Canadian-based licence partner International Frontier Resources has indicated that the Alpha well will be an HPHT operation, aiming for a total vertical depth subsea of 4,420 m (14,5000 ft) with the drilling programme estimated to take up to 60 days including corning and logging.
Through its wholly owned subsidiary Britcana Energy, IFR is participating with a 10% interest in UK licence P1465 which covers the Central North block 15/24a area. Currently Britcana is seeking to find a partner to participate in the well by taking half of its 10% stake.
Well costs are put at between £27 million, and £30 million, (Can. $48.2 m - $53.5 m), the junior Canadian exploration company has indicated.
“In the event the well is production tested additional costs of approximately GBP £8 million (C$14.3 million) are projected,” IFR said. “The 15/24aJ well will appraise the 15/24a4 discovery well that tested 11 MMCF/D and 3,024 barrels of condensate per day,” the company added in its Toronto Stock Exchange announcement.
An industry source told Offshore247.com that this is the prospect which previously known as Bowmore.
In its first quarter results statement IFR reported net losses of $104,585 compared with a $202,620 profit in the first quarter 2008. IFR's revenue hit $133,757 in the first quarter this year, compared with $590,920 in the same period last year.Advertisement
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