Hurricane Energy has been awarded the P2308 N. Sea exploration licence for the Halifax field by the Oil and Gas Authority in an out-of-round application.
The licence is contiguous to, and extends north east from, Hurricane’s existing Lancaster licence west of Shetland.
The recently drilled Lancaster Pilot well (205/21a-7) encountered a minimum oil down to 1,620m TVDSS, indicating that the Lancaster oil accumulation is likely to extend beyond the Lancaster licence boundary.
Seismic interpretation indicates the presence of a well-defined fault network within the fractured basement of the Halifax Prospect, analogous to that seen in Lancaster.
Hurricane Energy believes that if ‘mobile’ oil can be demonstrated outside of local structural closure at Halifax, then the Lancaster Field could extend further north east along the Rona Ridge.
On the basis that permits can be obtained in time, Hurricane intends to drill the Halifax Well immediately following the Lincoln Well. Hurricane has extended the date of its second well option with Transocean until 25 November.
Dr Robert Trice, Chief Executive, said: “The Halifax prospect is an extremely exciting opportunity for the Hurricane and a logical target after this year’s drilling success at Lancaster.
“Our exploration objective is to demonstrate that Halifax is analogous to Lancaster in that the reservoir is highly fractured and that a significant hydrocarbon column is present outside of structural closure.
“If we are successful in this aim, we believe it will be a significant step in establishing the true extent of the Greater Lancaster Area, which would not only be tremendous news for Hurricane but also for the UK oil and gas Industry.”