Spirit Energy to drill new £75m N. Sea well

A newly-formed independent oil explorer is to drill a new well at the Chiswick field in the southern North Sea to bring around a further 50 billion cubic feet of gas on stream.

The new well, which represents a £75 million investment from Spirit Energy, will be drilled by the Hans Deul jack-up rig.

This one of five rigs the company has on hire in 2018 – accounting for 10% of the active rig market in Europe.

The infill well at Chiswick, which first came on stream in 2007, will be the fifth well drilled in the field, and the first since 2010. The jack-up will start preparatory work on the new well in April.

Spirit Energy was created last year in the combination of Centrica’s Exploration & Production business and Norway’s Bayerngas. Centrica still owns 69% of the explorer.

A spokesman for Spirit Energy said: “Having already produced billions of cubic feet of gas since coming on stream 11 years ago, we are delighted that the hard work and collaboration of our N. Sea teams has led to us continuing our investment in the Chiswick field and extending the life of a key part of our portfolio.

“This is just one part of a busy rig programme for Spirit Energy in Europe this year, as we explore for fresh discoveries, maximise the potential of existing fields and plug wells which have ceased production.”

31 Jan 2018

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