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Ithaca Energy encounters high quality sands at Stella well

ABERDEEN, United Kingdom -- The third development well on the Stella field, well 30/06a-B1X (“B1”), has been successfully drilled to a total measured depth subsea of 16,185 ft.  A 2,147 foot gross horizontal reservoir section was drilled in the Palaeocene Andrew sandstone reservoir, within the targeted oil rim. The well intersected high quality sands across a net reservoir interval of 2,034 ft, equating to 95% net pay. This compares to 1,312 ft and 2,514 ft in Stella wells A1 and A2, respectively.

Operations are currently ongoing to run the well completion assembly, following which a clean-up flow test will be performed. It is anticipated that the results of the flow test will be announced around the end of June 2014.

The 2014 production enhancements programme is progressing as planned and guidance for the year remains unchanged at 11,000 to 13,000 boepd.

The Fionn sidetrack was completed in May 2014. The platform modification works to enable start-up of the electrical submersible pumps installed in the Causeway and Fionn production wells have also been completed. The platform modifications to enable start-up of water injection on the Causeway field are now substantially complete and the commencement of water injection is expected in August 2014.

Drilling operations have just been completed on the infill production well on the Don Southwest field. Installation of the required subsea spool piece between the wellhead and the existing drilling centre manifold is scheduled for the coming weeks, with start up of the well expected in August 2014.

The drilling rig that will be used for the Athena “P4” well workover currently remains on schedule to arrive on location at the field around late August 2014, once it has completed its work programmes for prior clients.

06/17/2014

 

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