Printer Friendly

U.K. FRANKLIN FIELD APPRAISAL WELL SUCCESSFULLY TESTED

 U.K. FRANKLIN FIELD APPRAISAL WELL SUCCESSFULLY TESTED
 CALGARY, Alberta, Jan. 30 /PRNewswire/ -- The second appraisal well


on the Franklin field structure, well 29/5b-8, has now been abandoned after successfully appraising the field which is some 150 miles east of Aberdeen. It tested gas in the Fulmar Sand at a rate of 8.2 million cubic feet of gas and a total of 461 barrels of condensate per day on a restricted 36/64 inch choke.
 The well was successful in its objective of confirming the extent of gas-bearing Fulmar Sands. Ranger estimates proved and probable reserves of the Franklin field are in the range of 700 to 800 billion cubic feet of gas and 70 to 80 million barrels of condensate. The operator, Elf UK PLC, has initiated feasibility studies for development which will involve both condensate and gas sales and is also considering joint development options with other nearby discoveries.
 Partners in Block 29/5b are:
 Percent
 Elf UK PLC (operator) 36.25
 Amerada Hess Ltd. 12.50
 BG United Kingdom Inc. 12.50
 British Gas Exploration & Production Ltd. 11.25
 Fina Pet Dev Ltd 10.00
 Ranger Oil (UK) Ltd. 10.00
 Union Jack Oil p.l.c. 7.50
 Issued by:
 F. J. Dyment, president and chief operating officer
 -0- 1/30/92
 /CONTACT: John G. Faulds, VP of Ranger Oil, 403-263-1500/
 (RGO) CO: Ranger Oil Ltd. ST: Alberta IN: OIL SU:


AL -- LA016 -- 5126 01/30/92 09:53 EST
COPYRIGHT 1992 PR Newswire Association LLC
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1992 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:PR Newswire
Date:Jan 30, 1992
Words:246
Previous Article:GROUND-BREAKING CEREMONY FOR CENTRAL AND SOUTH WEST CORPORATION $23 MILLION OFFICE COMPLEX SCHEDULED FOR FRIDAY
Next Article:D&N FINANCIAL REPORTS PROFITABLE 4TH QUARTER AND YEAR
Topics:


Related Articles
CMS ENERGY UNIT SUCCESSFULLY DRILLS WELL IN NEW GUINEA
SUN ANNOUNCES SUCCESSFUL TEST OF APPRAISAL WELL IN NORTH SEA
KERR-MCGEE HAS STAKE IN NORTH SEA OIL DISCOVERY
SUN IS PARTNER IN NORTH SEA WELL TESTING 7,200 BARRELS A DAY
BP CONDUCTS SUCCESSFUL WELL TEST IN COLOMBIA
SCHIEHALLION FIELD EXTENDED WELL TEST
TOPACIO-2 WELL CONFIRMS TOPACIO DISCOVERY OFFSHORE EQUATORIAL GUINEA
Conoco Announces Successful Buckland Appraisal Well
Enterprise Oil Announces Successful Appraisal of Irish Gas Find.
Successful North Sea - Kyle Well.

Terms of use | Copyright © 2016 Farlex, Inc. | Feedback | For webmasters