Dana has a joint 50 per cent stake in the Tolmount field with the operator E.ON E&P in what could be one of the largest discoveries in the UK Southern North Sea for several years, the company reported in a news release.
Indications are the field could contain significantly higher volumes than originally believed. The recently completed appraisal well reached its targets within time and budget on 6th July.
The accumulation, which is close to existing gas infrastructure, is located 40 km off the UK coast, to the northeast of Easington, East Yorkshire, in block 42/28d of the Southern North Sea.
Dana’s UK Managing Director, Paul Griffin, said “We are delighted with the recent results of the side track well, and would like to thank E.ON E&P for leading the project successfully. Although we can’t yet confirm the field size, it’s clear that there is a strong possibility that Tolmount has the potential to be one of the largest gas discoveries made in the SNS over the last decade.”
Source: Dana Petroleum, 2013.