As a 10% partner in the DONG E&P UK operated licence P1195 (Glenlivet), Faroe Petroleum provides the results of the second side track appraisal well on the recent Glenlivet gas discovery, West of Shetland. This second side track was successfully drilled and has confirmed the down dip lateral extent of the high quality gas bearing reservoir.

The second sidetrack was drilled to acquire samples from the water zone, which will provide important information for the potential future field development. A water sample has been successfully acquired and together with pressure data, the down dip lateral extent of the gas bearing reservoir has been determined. Glenlivet is a Palaeocene gas discovery and the drilling of 214/30a-2 main bore and sidetracks has been successfully completed by the operator DONG E&P UK (80%) and partners Faroe Petroleum (10%) and First Oil Expro (10%) using the Transocean Rather semi-submersible drilling rig and an extensive data gathering programme has been successfully implemented.

Graham Stewart, Chief Executive of Faroe Petroleum said, “We are very pleased to report the successful outcome of the second side track appraisal well, which has confirmed the down dip extent of the Glenlivet discovery and re-confirmed the scale and quality of the reservoir . The Glenlivet well was the first of a firm five-well Atlantic Margin exploration drilling programme which Faroe is undertaking over the coming months.

“On 14 October, Faroe announced the discovery of oil and gas in the second well in the programme on the Tornado prospect, operated by OMV, located close to BP’s producing Schiehallion field. Following Tornado we are scheduled to drill three further high impact exploration wells, the Anne Marie oil prospect in the Faroes (operated by Eni), the North Uist/Cardhu oil prospect in the UK (operated by BP) and the Lagavulin oil prospect in the UK (operated by Chevron).”

Tags: Faroe Petroleum