Centrica, Atlantic Petroleum find gas at Pegasus West
Centrica, Atlantic Petroleum find gas at Pegasus West
TORSHAVN, Faroe Islands -- Atlantic Petroleum has reported that drilling, LWD and wireline logging information indicates the presence of gas in the 43/13b-7 well.
Following the analysis of cores and all other available data, the P1724 JV has decided to drill stem test the well. The well is operated by Centrica Energy (55% interest in the licence).
The well is being drilled with the Paragon 391 jackup rig in a water depth of about 95 ft and approximately 7 km WSW of the 43/13b-6Z Pegasus North discovery well.
The Pegasus West well lies in the Southern North Sea, close to the producing Cavendish field, and had a Carboniferous gas objective.
Atlantic Petroleum holds a 10% stake in the license and the remaining 35% is held by Third Energy Offshore.
