Sidetrack Planned In North Sea’s Guillemot Field
Drilling Activity Details
Geo Coordinate
Drilling Activity Summary
Description
Hibiscus Petroleum plans to drill a sidetrack well, #2P-GUA A Guillemot, in the U.K. sector of the North Sea, which is expected to tap 1.01 MMbbl from its current net 2P (proven and probable) reserves. The sidetrack project plans to re-enter the existing #2P-GUA and drain additional hydrocarbons into existing reservoirs in Guillemot Field. It is part of a series of enhancement projects to increase production to 5 Mbbl per day by 2020 while also increasing the company’s 2P reserves. Hibiscus Petroleum, based in Kuala Lumpur, Malaysia, holds a 50% interest and jointly operates the Guillemot A, Teal, Teal South and Kite fields held by Hibiscus and Ping Petroleum UK.
Description
Hibiscus Petroleum plans to drill a sidetrack well, #2P-GUA A Guillemot, in the U.K. sector of the North Sea, which is expected to tap 1.01 MMbbl from its current net 2P (proven and probable) reserves. The sidetrack project plans to re-enter the existing #2P-GUA and drain additional hydrocarbons into existing reservoirs in Guillemot Field. It is part of a series of enhancement projects to increase production to 5 Mbbl per day by 2020 while also increasing the company’s 2P reserves. Hibiscus Petroleum, based in Kuala Lumpur, Malaysia, holds a 50% interest and jointly operates the Guillemot A, Teal, Teal South and Kite fields held by Hibiscus and Ping Petroleum UK.