Spudding of Exploration Well on Darwin

Press Release
Thursday, October 25, 2012
Fairfield Energy COO Ian Sharp on board Dunlin platform which recently had investment of £70 million to help increase and sustain production.

Fairfield Energy, a North Sea-focused independent oil and gas company,  announced that the first well of a three well campaign in the Darwin area spudded on 23 October.  The well is being drilled from the Ocean Nomad and is operated by Fairfield.


The Darwin area includes the southern end of Block 211/27a (previously known as the NW Hutton field) together with an extension into Block 211/27e and lies approximately 130 km northeast of the Shetland Islands in the Northern North Sea.


The drilling campaign follows a multi-year program of subsurface work comprising new 3D seismic and static/dynamic modeling which has resulted in the identification of significant in-place volumes. Fairfield holds a 50% interest in both blocks following a 50% farm-out to TAQA Bratani earlier this year.



Commenting on today’s announcement, Chris Wright, CEO, said: “This exploration and appraisal program is a very exciting event in the history of our company. The multi-well program is testing a significant opportunity which has the potential to be a material North Sea field.”



Fairfield Energy, a North Sea-focused independent oil and gas company, is pleased to announce that the first well of a three well campaign in the Darwin area spudded on 23 October.  The well is being drilled from the Ocean Nomad and is operated by Fairfield.


The Darwin area includes the southern end of Block 211/27a (previously known as the NW Hutton field) together with an extension into Block 211/27e and lies approximately 130 km northeast of the Shetland Islands in the Northern North Sea.


The drilling campaign follows a multi-year program of subsurface work comprising new 3D seismic and static/dynamic modeling which has resulted in the identification of significant in-place volumes. Fairfield holds a 50% interest in both blocks following a 50% farm-out to TAQA Bratani earlier this year.



Commenting on the announcement, Chris Wright, CEO, said: “This exploration and appraisal program is a very exciting event in the history of our company. The multi-well program is testing a significant opportunity which has the potential to be a material North Sea field.”

 


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