Energy Voice | Jersey hails important step on way to North Sea licence development

Petroleum Geo-Service has completed a 3D seismic survey on the outer Moray Firth licence containing the Verbier discovery.

Jersey Oil and Gas, which has an 18% stake in licence P.2170, said the work had been completed on time and without incident.

Delivery of the final imaged data by PGS from the survey continues to be expected in late Q1 2019.

The data will be combined with results from the Verbier appraisal well, forming an important step for strategic planning as the Verbier project progresses into a potential future development phase.

Jersey chief executive Andrew Benitz said: We look forward to achieving a comprehensive update of our geological and geophysical understanding of the greater P.2170 licence area, integrating the results of the forthcoming Verbier appraisal well with the PGS newly acquired, high quality 3D dataset.

“The information to be derived from the appraisal well, together with the new 3D data, will be an important step towards the potential future development of the Verbier discovery and will facilitate our evaluation of other drillable prospects in the P.2170 licence area.”

Equinor is licence operator.


Source link