Tokyo, Nov 5, 2009 (JCN) - Marubeni North Sea Limited has successfully completed exploration and appraisal drilling in the UK Central North Sea with its partner, Talisman Energy (UK) Limited of Canada.
Marubeni and Talisman drilled the Shaw well, together with two appraisal sidetracks, in Block 22/22a and made a discovery which is estimated to contain oil-in-place in the region of 100million barrels. The first sidetrack tested at a constrained rate of 7,700 bopd of 42 degree API crude oil.
Marubeni has a 41.03% working interest in the Shaw discovery with Talisman holding the remaining 58.97%.
Marubeni and Talisman have now drilled three prospects, Cayley, Godwin and Shaw, in the Montrose/Arbroath area, and successfully discovered oil and gas in all three. Marubeni and Talisman are currently evaluating development options for these discoveries.
The successful results from the Montrose/Arbroath area exploration campaign will provide impetus for Marubeni's future growth in the UK North Sea.
Copyright © 2010 JCN. All rights reserved. A division of Japan Corporate News Network KK.
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