News

Bardolph and Spaniards East exploration wells update

6 November, 2012

 

Operations are due to complete on the following wells in which Cairn has an interest.

Bardolph

Nexen Inc is about to complete drilling operations on the wildcat exploration Well 20/7-7 targeting the Bardolph Prospect in the UK North Sea. 

Well 20/7-7, drilled by the Transocean Prospect has reached total depth (TD) of 10,504 ft.  The well did not encounter commercial hydrocarbons and preparations are now underway to plug and abandon the well.

Nexen Inc is the operator of P1659 with a 51 percent (%) ownership interest.  The other partners are Cairn Energy (through its fully-owned subsidiary Agora Oil & Gas) 19%, Carrizo Oil & Gas 15% and MPX North Sea Limited 15%.

Spaniards East

Premier Oil plc is about to complete drilling operations on the exploration well 15/21a-60, targeting the Spaniards East Prospect in the UK North Sea.

The Spaniards East well, located in block 15/21 and drilled by the semisubmersible rig WilPhoenix at a water depth of 460 ft, has reached TD at 10,694 ft and is being plugged and abandoned as a dry hole.  The well encountered 75 ft of Jurassic sands but these were shown to be water wet on the logs.    

Premier Oil is the operator with a 28% interest.  The other partners are Cairn Energy (through its fully owned subsidiary Nautical Petroleum) 21%, Serica Energy 21%, Parkmead 12.62%, Faroe Petroleum 8.40%, Maersk Petroleum 5.74% and Atlantic Petroleum 3.24%.

Cairn has participated in nine wells during 2012 in the UK and Norwegian North Sea. This has resulted in two discoveries, including Skarfjell which will be appraised in 2013. Five wells have been plugged and abandoned and two were suspended.

Enquiries:

Analysts/Investors    
Simon Thomson Chief Executive 0131 475 3000
Jann Brown  Managing Director & CFO 0131 475 3000
Mike Watts Deputy Chief Executive 0131 475 3000
David Nisbet Corporate Affairs 0131 475 3000
Media    
Patrick Handley Brunswick Group LLP 0207 404 5959
David Litterick Brunswick Group LLP 0207 404 5959

 

Related information
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