Elaine Maslin, 29th June 2012
Irish oil and gas explorer Providence Resources said today it is suspending work on a development well on its UK onshore Singleton oil field after hitting technical issues.
The well, in the Weald Basin in southern England, suffered “technical downtime due to a variety of equipment failures and down-hole mechanical issues, which impeded planned operations within rig contract limitations”, said Providence.
KCA Deutag’s T49 rig is to demobilize from the job and move to its next operator, once suspension operations conclude, said Providence.
John O’Sullivan, the firm’s technical director, said: “The X12 development well is the most ambitious and challenging well to have been designed and drilled on the Singleton Field.
“Notwithstanding the operational problems experienced by the drilling team, the X12 well has geologically confirmed our reservoir depth model for the south-west flank of the Singleton field.”
He said the firm would now try to investigate “a number of the operational issues that plagued the X12 programme” and the forward well work programme would now be assessed in the hope of meeting overall production growth targets for Singleton.
“This outcome, while frustrating, does not impact current production rates, which are running at approximately 750barrels of oil equivalent per day,” said O’Sullivan.