Northern North Sea (Block 211/23c) Skye ... - Tangram EnergyTangram Energy Limited Commercial &...

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Northern North Sea (Block 211/23c) Skye Oil Discovery & Skylark Prospects Tangram Energy Limited Opportunity overview P2421 (211/23c) 30 th Round Innovate Licence (Tangram 100%) World class Brent, Tarbert sandstone oil discovery - DST with sustained flow rate of 4771bbl/d Mean STOIIP discovered in licence 21.8mmbbl, with additional 42.3mmbbl upside (un-audited) Looking for a farm-in partner to help bring resources to development Near Top Brent Structure Map Petrophysical Interpretation – 211/23b-12 (Skye) Core Analysis Well 211/23b-12 (Skye) encountered a massive Tarbert sand of exceptional reservoir quality. Tarbert core analysis from well 211/23b-12 shows an average horizontal permeability of 2020.8mD, with 84.75% of the sand registering above 1000mD permeability. The average porosity is 24% with 96.7% of the core porosity between 21-30%. Reservoir & Fluid Properties Reservoir Temp ( o C) 102.2 Reservoir Pressure (psia) 5650 FVF (rb/stb) 1.121 GOR (scf/stb) 147 API ( o ) 32 Saturation Pressure (psia) 790 H2S Content (%) 0 CO2 Content (%) 0 Overview Skye & Skylarks are located in the East Shetland basin along the Dunlin, Dunlin SW fault block. The Tarbert sandstone is the primary reservoir discovered in well 211/23b-12 (Skye). Surrounding analogues all around the East Shetland Basin show production from world class Brent reservoirs. Skye Summary Well 211/23b-12 was drilled in a down-dip, structural location by Hess in 1994 providing high quality core, log and RFT data. Current interpretation suggests a proven hydrocarbon column of 17.2m with a DST with sustained flow rate of 4771bbl/d, and no water production. Skye

Transcript of Northern North Sea (Block 211/23c) Skye ... - Tangram EnergyTangram Energy Limited Commercial &...

Page 1: Northern North Sea (Block 211/23c) Skye ... - Tangram EnergyTangram Energy Limited Commercial & Technical STOIIP (MMbbl) Skye (211/23b-12) Spoonbill (211/23-6) Skylark A Skylark B

Northern North Sea (Block 211/23c) Skye Oil Discovery & Skylark Prospects

Tangram Energy Limited

Opportunity overview P2421 (211/23c) 30th Round Innovate Licence (Tangram 100%)

World class Brent, Tarbert sandstone oil discovery - DST with sustained flow rate of 4771bbl/d

Mean STOIIP discovered in licence 21.8mmbbl, with additional 42.3mmbbl upside (un-audited)

Looking for a farm-in partner to help bring resources to development

Near Top Brent Structure Map

Petrophysical Interpretation – 211/23b-12 (Skye) Core Analysis Well 211/23b-12 (Skye) encountered a massive Tarbert sand of exceptional reservoir quality. Tarbert core analysis from well 211/23b-12 shows an average horizontal permeability of 2020.8mD, with 84.75% of the sand registering above 1000mD permeability. The average porosity is 24% with 96.7% of the core porosity between 21-30%.

Reservoir & Fluid Properties

Reservoir Temp (oC) 102.2

Reservoir Pressure (psia)

5650

FVF (rb/stb) 1.121

GOR (scf/stb) 147

API (o) 32

Saturation Pressure (psia)

790

H2S Content (%) 0

CO2 Content (%) 0

Overview Skye & Skylarks are located in the East Shetland basin along the Dunlin, Dunlin SW fault block. The Tarbert sandstone is the primary reservoir discovered in well 211/23b-12 (Skye). Surrounding analogues all around the East Shetland Basin show production from world class Brent reservoirs.

Skye Summary Well 211/23b-12 was drilled in a down-dip, structural location by Hess in 1994 providing high quality core, log and RFT data. Current interpretation suggests a proven hydrocarbon column of 17.2m with a DST with sustained flow rate of 4771bbl/d, and no water production.

Skye

Page 2: Northern North Sea (Block 211/23c) Skye ... - Tangram EnergyTangram Energy Limited Commercial & Technical STOIIP (MMbbl) Skye (211/23b-12) Spoonbill (211/23-6) Skylark A Skylark B

Northern North Sea (Block 211/23c) Skye Oil Discovery & Skylark Prospects

Tangram Energy Limited

Commercial & Technical

STOIIP (MMbbl) Skye (211/23b-12) Spoonbill (211/23-6) Skylark A Skylark B

P90 12.6 4.19 16.4 18.2

P50 15.0 6.62 20.4 21.7

P10 17.6 9.3 24.9 25.4 TOTAL

PMean 15.1 6.69 20.5 21.8 64.1

Tangram Energy Limited holds 100% of licence P2421. For further details contact: Martin Smith, Technical Director Email: [email protected] Tel: +44 (0) 2031 676401

Xline 1363: Seismic & Static Model for the Skye Discovery

Location Map: Discovery & Prospects

Development & Export The Skye & Skylarks development concept comprises of two wells that will target both proven and up-side reserves, tying back into the infrastructure of an existing neighbouring hub. Licence P2421 hydrocarbons are situated 8km from Causeway & Fionn, 11.5km from Thistle and Deveron, and 19km from Cormorant North infrastructure.

Work Programme Tangram has conducted seismic interpretation, depth conversion, petrophysical, static modelling and reservoir studies. The forward plan is to further our existing reservoir studies using rock physics techniques.