Hurricane moves forward off UK

Oct 27, 2016

Hurricane Energy is suspending the Lancaster sidetrack well offshore the UK to develop as a future producer and moving on to its Lincoln well.

Technip today also confirmed a win for its subsea joint venture with FMC Technologies, Forsys Subsea, for the Lancaster project.

Image from Hurricane.

Testing operations at the Lancaster horizontal sidetrack well, 205 21a-7Z, were completed with a focus on hydrocarbon resources in naturally fractured basement reservoirs. The productivity from the 1km horizontal sidetrack well was consistent with that achieved in Hurricane's 205 21a-6 horizontal well, which was successfully drilled on Lancaster in 2014, the company confirmed.

Hurricane is now moving forward with plans to suspend the well as a future producer, providing a second production well ahead of the early production system (EPS) phase of development.

“Testing of the horizontal sidetrack well recorded a sustainable stable flow rate under natural conditions of 6520 stock tank barrels of oil per day (STB/d) and a sustainable flow rate using an electrical submersible pump (ESP) of at least 14,500 STB/d. The testing resulted in a productivity index of 147 STB/d psi,” Hurricane said.

Both the flow rate using an ESP, and the natural flow rate were constrained by the test equipment and no formation water was produced during the testing.

Following the removal of the wear bushing from the 205-21a-6 well, Hurricane is expected to announced the spudding of the nearby Lincoln well.

"We are very encouraged by these excellent test results which support the Company's plans for a Lancaster field development and demonstrate that we now have two highly productive horizontal wells which we will use in our EPS,” Robert Trice, Hurricane CEO said.

Technip confirmed in its Q3 2016 results that its JV Forsys Subsea won its first award, from Hurricane Energy, for the fast track development of the Lancaster field in the North Sea.

Last week, Hurricane announced it was raising US$86 million of new capital to fund Lancaster, to secure the EPS development and to drill two wells. The company is also proposing to make an open offer to all qualifying shareholders to raise up to $5.4 million.

Hurricane flows at Lancaster side-track

Technip, FMC lined up for Hurricane's Lancaster