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Nexen makes oil discovery in North Sea

Endeavour reported a successful discovery in the West Rochelle area of the North Sea. The West Rochelle well was spudded on September 3, and reached a total depth of 10,787 ft, encountering natural gas with an oil rim in an excellent quality reservoir similar to that discovered at Rochelle. The well, located on Block 15/26b, was drilled using the semisubmersible Transocean Prospect. The well is currently being sidetracked to the north in order to further appraise the extent of reservoir.

The Greater Rochelle area is comprised of three blocks in the North Sea (15/26b, 15/26c and 15/27). Endeavour holds a 55.6% interest and is the operator in Block 15/27 with its partner Nexen Petroleum U.K. Ltd. and has a 50% working interest and operatorship of 15/26c. Nexen and Premier Oil plc have each farmed into Block 15/26c for a 25% working interest.

 

10/28/2010

 

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