Announced today in oilandgaspeople.com in manner which caused me temporary confusion about the location:
‘Apache Corporation has announced a significant oil discovery on Block 9/18a Area-W in the United Kingdom sector of the North Sea. Garten is located 6 km south of the Beryl Alpha Platform.’
Not being an expert on oil-field locations, the lack of reference to, say, ‘east of Aberdeen’ or east of Shetland’ and the name ‘Beryl’ made me wonder if this was in the English sector (It’s not, see map above) after the Blair/brown redrawing of our maritime borders to give them a wee share of the oil. See these, for a reminder:
The article goes on to say:
‘The Garten discovery well targeted a downthrown structural closure and encountered more than 700 ft of net oil pay in stacked, high quality Jurassic-aged sandstone reservoirs. Recoverable resource is expected to exceed 10 MMbbl of light oil, which is at the high end of predrill estimates. Apache has a 100% working interest in the Garten block.’
This find follows:
in March and, together with it, suggests news discoveries are being made contrary to the media doubts about the future of the North Sea.