Block 48/1a, 48/1c and 47/5b (United Kingdom)
Gas Projects in Development
During 2005, CalEnergy successfully applied for Block 48/1a in the United Kingdom North Sea’s southern gas basin. Adjacent Blocks 48/1c and 47/5b have been subsequently secured.
CalEnergy entered into an arrangement with Dana Petroleum plc, under which Dana assumed the operatorship of Block 48/1a, and CalEnergy’s interest in Block 48/1a was reduced to 15 percent. The 48/1a-5 Platypus well spudded March 3, 2010, and was suspended May 4, 2010, and has been reported by Dana as a significant gas discovery for the United Kingdom’s southern North Sea.
The 48/1a-5 Platypus well was drilled to a total measured depth of 11,048 feet. The well encountered some 218 vertical feet of porous gas bearing sands.
Dana reports that preliminary analysis indicates that the reserves discovered are in line with predrill estimates of approximately 130 billion cubic feet of gas. The well has been suspended for potential re-entry and future use as a gas production well. Post-well studies continue, and a Platypus appraisal well is planned for early 2012.