London-listed company Premier Oil has made an oil discovery at the Bagpuss well in the Outer Moray Firth of the UK North Sea.
The 13/25-1 well, which was targeting the Bagpuss prospect on the Halibut Horst in the Outer Moray Firth, reached a total depth of 1,532 feet. The well encountered 41 feet of hydrocarbon-bearing sands within a 68 foot hydrocarbon column.
“The Bagpuss well has proven a significant volume of oil in place. We will now work with our partners to carry out a full analysis of the hydrocarbons and reservoir encountered to ascertain whether commerciality can be established,” said Robin Allan, director of exploration and North Sea at Premier.