Total and its partners have announced that they have made an encouraging gas discovery at the Isabella well in the Central North Sea offshore U.K
The Isabella well on the license P1820 is located about 40 kilometers south of the Elgin-Franklin Field and 170 kilometers east of Aberdeen.
The well was drilled in a water depth of about 80 meters and encountered 64 meters net pay of lean gas and condensate and high-quality light oil, in Upper Jurassic and Triassic sandstone reservoirs.
“The initial results at Isabella are encouraging. This demonstrates that our exploration strategy in the North Sea to explore for value adding prospects nearby to our infrastructure is working.” commented Kevin McLachlan, senior vice president Exploration at Total.
Glenn Morrall, an analyst on Wood Mackenzie’s upstream research team, said: “Total has extended its recent period of exploration triumph. Non-operated success at Glengorm and operated success at Glendronach sees the company lead the table of net UK discovered resources in recent years. Isabella will strengthen its position at the top. But Isabella’s high-pressure/high-temperature (HP/HT) nature will add complexity and cost to any development, and its progression is likely to be put on the backburner at current prices. The company’s experience in developing big HP-HT gas/condensate projects in UK waters, such as Elgin-Franklin and Culzean, will no doubt stand it in good stead.”
The P1820 license is operated by Total with a 30 per cent working interest, alongside Neptune Energy (50 per cent), Ithaca Energy (10 per cent) and the wholly owned subsidiary of Edison, Euroil Exploration (10 per cent).