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Friday, 21 November, 2008, 19:50 GMT | more >>

ConocoPhillips' North Sea pay day



By Upstream staff 

ConocoPhillips and its partners in Block 44/23b, in the UK sector of the North Sea, have hit gas with the K-4 well - and believe they are course to tap even more.

The K-4 probe hit reservoir quality gas bearing sands in the targeted Lower Ketch Carboniferous interval, the partners said today. Information from the probe will be analysed with existing data before the size of the find is made public. However, they said there was "significant upside potential" to the find.

K-4 is about 5 kilometres south-east of last year's Kelvin find.

Partner Tullow Oil said that any future development of K-4 will most likely be through the Kelvin development which is expected to be developed by a minimum-facilities platform with a pipeline to the central CMS hub at Murdoch.

The K-4 partners are operator ConocoPhillips (50%), Tullow (22.5%) and GDF Britain (27.5%).


Friday, 16 June, 2006, 07:46 GMT  | last updated: Friday, 16 June, 2006, 09:38 GMT

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