Siccar Point Energy confirms Cambo well test success

August 23, 2018

ABERDEEN -- Siccar Point Energy has successfully concluded well testing operations on the 204/10a-5 appraisal well in Cambo field, northwest of Shetland.

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Image: Siccar Point Energy.

A vertical pilot hole was initially drilled confirming over 100 ft of oil column and a higher than anticipated net pay of 58 ft. Extensive logging and coring were conducted confirming a high-quality multi-Darcy reservoir with 23 API oil and petrophysical properties better than anticipated.

A 1612-ft horizontal section was then drilled to conduct an extended well test. Following initial well clean-up operations, the well was successfully tested on natural flow for 10 days. A full evaluation of the test results will take place over the coming weeks as further pressure build-up data are obtained remotely after the rig’s departure. Initial results are encouraging indicating excellent reservoir productivity and sustained flow.

The results of the well will now be incorporated into the Cambo field development plan and the well suspended for use as a future development well.

Earlier in the year, Shell acquired a 30% non-operated working interest in UKCS licenses P1028 and P1189 (incorporating the Cambo discovery) and a 22.5% non-operated working interest in P1830 (including the Blackrock prospect). An exploration well is also planned on the nearby Blackrock prospect in 2019.

On May 23, 2018, Siccar Point Energy and Shell secured additional strategic acreage in the Oil & Gas Authority’s 30th Licensing Round, expanding their acreage position in the Greater Cambo Area. This new license area includes the Tornado gas discovery, as well as multiple exploration prospects, and provides satellite development opportunities to the Cambo field development.

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