Offshore Falkland Islands Evaluation Completed For Darwin East, Darwin West Blocks
Drilling Activity Details
Drilling Activity Summary
Description
An independent evaluation for Borders & Southern Plc of the Darwin East discovery and the adjacent Darwin West untested offshore Falkland Island Block has been completed. It indicates the unrisked best estimate total recoverable liquids (condensate and LPG) for Darwin East and West is 462 MMbbl. The evaluation was based on extensive 3-D seismic and well data, including technical studies, interpretations and dynamic models of the reservoir. According to the Gaffney, Cline & Associates study, the untested Darwin West fault block displayed similar seismic characteristics and attributes to the Darwin East fault block, and hydrocarbon samples from a gas condensate discovery at #61/17-1 demonstrated that the gas is a very rich, sweet gas capable of producing liquid condensate and LPG. The combined peak liquids production of condensate and LPG is estimated at 91 Mbbl/d. London-based Borders & Southern is the operator with 100% interest in the three Falkland Islands production licenses and its Darwin East and West discoveries.
An independent evaluation for Borders & Southern Plc of the Darwin East discovery and the adjacent Darwin West untested offshore Falkland Island Block has been completed. It indicates the unrisked best estimate total recoverable liquids (condensate and LPG) for Darwin East and West is 462 MMbbl. The evaluation was based on extensive 3-D seismic and well data, including technical studies, interpretations and dynamic models of the reservoir. According to the Gaffney, Cline & Associates study, the untested Darwin West fault block displayed similar seismic characteristics and attributes to the Darwin East fault block, and hydrocarbon samples from a gas condensate discovery at #61/17-1 demonstrated that the gas is a very rich, sweet gas capable of producing liquid condensate and LPG. The combined peak liquids production of condensate and LPG is estimated at 91 Mbbl/d. London-based Borders & Southern is the operator with 100% interest in the three Falkland Islands production licenses and its Darwin East and West discoveries.