Menu
24/03/2004
'Brenda' North Sea oil find 'significant', says oil company
A Canadian-based oil exploration firm have announced that test drilling at 'Brenda' in the North Sea has revealed a "significant" find.
Analysis of the flow from the Paleocene Forties sandstone in the Outer Moray Forth during production testing operations produced no water or sand during the test period, said Oilexco.
The results from the second appraisal well, the first was originally made in 1990, indicate the find is better than thought with the 'Brenda' oil find described as a "potentially significant stratigraphic trap".
Additional appraisal locations identified by Oilexco from seismic interpretation will define the limits and reserves of the 'Brenda' oil accumulation, but it is hoped that this may yield 150 million barrels of oil.
Drilling on the first of these additional appraisal locations, the fourth well of Oilexco’s UK North Sea drilling program, will commence on the first week of April.
On completion of the initial appraisal programme, drilling operations on additional appraisal wells at 'Brenda' are planned to recommence in July. Following this work a better picture of the extent of the find will be known.
(SP)
Analysis of the flow from the Paleocene Forties sandstone in the Outer Moray Forth during production testing operations produced no water or sand during the test period, said Oilexco.
The results from the second appraisal well, the first was originally made in 1990, indicate the find is better than thought with the 'Brenda' oil find described as a "potentially significant stratigraphic trap".
Additional appraisal locations identified by Oilexco from seismic interpretation will define the limits and reserves of the 'Brenda' oil accumulation, but it is hoped that this may yield 150 million barrels of oil.
Drilling on the first of these additional appraisal locations, the fourth well of Oilexco’s UK North Sea drilling program, will commence on the first week of April.
On completion of the initial appraisal programme, drilling operations on additional appraisal wells at 'Brenda' are planned to recommence in July. Following this work a better picture of the extent of the find will be known.
(SP)
Related Northern Ireland Business News Stories
Click here for the latest headlines.
25 March 2004
Shell signs deal to re-enter Libya
Shell has signed a strategic deal with Libya's state-owned oil company to re-enter the Libyian oil exploration market. The landmark agreement between Shell and the National Oil Corporation of Libya coincided with a visit today to Tripoli by British Prime Minister Tony Bair who met with Libyan leader, Colonel Muammar Gaddafi.
Shell signs deal to re-enter Libya
Shell has signed a strategic deal with Libya's state-owned oil company to re-enter the Libyian oil exploration market. The landmark agreement between Shell and the National Oil Corporation of Libya coincided with a visit today to Tripoli by British Prime Minister Tony Bair who met with Libyan leader, Colonel Muammar Gaddafi.
10 June 2002
UK manufacturing goods price rise
The Office for National Statistics (ONS) have said that goods manufactured in the UK fetched slightly higher prices in May. The ONS said the price of goods leaving factory gates rose by 0.3% in May thanks to increases in tobacco, petroleum and other manufactured goods prices, however the annual rate fell to just 0.1%.
UK manufacturing goods price rise
The Office for National Statistics (ONS) have said that goods manufactured in the UK fetched slightly higher prices in May. The ONS said the price of goods leaving factory gates rose by 0.3% in May thanks to increases in tobacco, petroleum and other manufactured goods prices, however the annual rate fell to just 0.1%.
17 January 2002
North Sea oil field discovered near Aberdeen
Test drilling into an oil field off the coast of Aberdeen has revealed that the area contains 25 per cent more yield than originally anticipated, making it the biggest North Sea oil discovery in more than a decade. The area, known as the Buzzard Field, lies 125 kilometres north east of Aberdeen.
North Sea oil field discovered near Aberdeen
Test drilling into an oil field off the coast of Aberdeen has revealed that the area contains 25 per cent more yield than originally anticipated, making it the biggest North Sea oil discovery in more than a decade. The area, known as the Buzzard Field, lies 125 kilometres north east of Aberdeen.
28 March 2018
IntertradeIreland To Host SME Workshops
IntertradeIreland are to host a number of free workshops to help prepare established small and medium enterprise's (SMEs) looking for funding opportunities. The workshops will help established businesses find new or alternative sources of funding to develop their business.
IntertradeIreland To Host SME Workshops
IntertradeIreland are to host a number of free workshops to help prepare established small and medium enterprise's (SMEs) looking for funding opportunities. The workshops will help established businesses find new or alternative sources of funding to develop their business.
19 April 2012
Mount Mills Races Ahead With Sales Of Healthy Flax Oil To Equine Industry
Mount Mills, the Newry-based manufacturer of cold-pressed flax oil for the equine industry, has won business from a leading racing stud in Dubai, one of the world’s major horse racing and breeding centres, in the United Arab Emirates. The new contract from the Emirates is the most recent won by the farm-based enterprise in international markets.
Mount Mills Races Ahead With Sales Of Healthy Flax Oil To Equine Industry
Mount Mills, the Newry-based manufacturer of cold-pressed flax oil for the equine industry, has won business from a leading racing stud in Dubai, one of the world’s major horse racing and breeding centres, in the United Arab Emirates. The new contract from the Emirates is the most recent won by the farm-based enterprise in international markets.
-
Northern Ireland WeatherToday:Cloudy with longer spells of rain during the morning, this rain heavy at times. Generally brighter in the afternoon, but with scattered and at times heavy showers. Maximum temperature 14 °C.Tonight:A mainly dry evening and night with isolated showers dying out and some longer clear spells. Then it will cloud over towards morning with some heavy showers. Minimum temperature 7 °C.
