Egdon Resources Confirms Hydrocarbons in Lincolnshire, U.K.
Drilling Activity Details
United Kingdom
Drilling Activity Summary
Description
Egdon Resources has confirmed the presence of hydrocarbons at exploration well #2-Biscathorpe in Lincolnshire, U.K. The well is in license PEDL253. According to the Hampshire, U.K.-based company, the well was drilled in the proven hydrocarbon fairway of the Humber Basin and was targeting a Carboniferous Westphalian Sandstone reservoir. Elevated gas readings were recorded in Westphalian over a 157-m Dinantian Limestone interval along with the presence of oil shows in both Westphalian and Dinantian cuttings samples. The well was suspended, and a sidetrack may be drilled after additional studies of existing 3-D seismic data and testing. Egdon Resources is the operator of PEDL253 with 35.8% interest in partnership with Montrose Industries Ltd., holding 22.2%, Union Jack Oil, with 22%, and Humber Oil & Gas Ltd., with 20%.
Egdon Resources has confirmed the presence of hydrocarbons at exploration well #2-Biscathorpe in Lincolnshire, U.K. The well is in license PEDL253. According to the Hampshire, U.K.-based company, the well was drilled in the proven hydrocarbon fairway of the Humber Basin and was targeting a Carboniferous Westphalian Sandstone reservoir. Elevated gas readings were recorded in Westphalian over a 157-m Dinantian Limestone interval along with the presence of oil shows in both Westphalian and Dinantian cuttings samples. The well was suspended, and a sidetrack may be drilled after additional studies of existing 3-D seismic data and testing. Egdon Resources is the operator of PEDL253 with 35.8% interest in partnership with Montrose Industries Ltd., holding 22.2%, Union Jack Oil, with 22%, and Humber Oil & Gas Ltd., with 20%.