Hurricane Energy Decided to Plug and Abandon Warwick Deep Well

Graphic for News Item: Hurricane Energy Decided to Plug and Abandon Warwick Deep Well

UK based oil and gas company, Hurricane Energy plc, completed the drill stem testing of the Warwick Deep well and, concluded to plug and abandon the well with non-commercial reserves.

Hurricane drilled the Warwick Deep well using Transocean Leader rig to a total depth of 1,964 m TVDSS and included a 712 m horizontal section of fractured basement reservoir.

Initial analysis indicates that the well intersected a poorly connected section of the fracture network within the oil column.

The well did not flow at commercial rates producing a mixture of drilling brine, water, oil and gas.

The Company and its contractors are currently evaluating the drill stem test data and fluid samples with the objective of providing an update on this preliminary analysis at Hurricane’s Capital Markets Day, scheduled for 11 July 2019, said Hurricane Energy on 1st July 2019.

Aker H-4.2 non-self-propelled semi submersible Transocean Leader rig will now undertake work to permanently plug and abandon the Warwick Deep well and will then move to the 205/26b-B ‘Lincoln Crestal’ well, the second well of a three-well program on the Greater Warwick Area, planned by the operator.

Dr Robert Trice, Chief Executive of Hurricane, said, “It is disappointing that the Warwick Deep well did not flow at commercial rates. We were initially encouraged by hydrocarbon shows and gas ratio analysis indicative of light oil, however drill stem testing has clearly demonstrated that Warwick Deep cannot be considered suitable as a future production well and therefore the well will be plugged and abandoned.

“I look forward to commencing operations on the second well in the three-well program, Lincoln Crestal. This is now the preferred candidate to be tied back to the Aoka Mizu FPSO, where Lancaster EPS production operations remain in-line with guidance, ” Trice added.

Hurricane has a 50% interest in the Greater Warwick Area following Spirit Energy’s farm-in to the P1368 South and P2294 licences in September 2018.

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