Licence PEDL005 (remainder)

Licence PEDL005 Keddington Rig Backlit.jpg

 

Keddington oil field, North Somercotes prospect & Louth prospect

  • Licence PEDL005 (remainder) is located in Lincolnshire in the East Midlands Petroleum Province
  • Contains the Keddington oil field which produces from Carboniferous sandstone reservoir at a depth of 2,200 metres
  • Two wells, Keddington 3z and 4z, producing c.34 bopd and 50,000 scf of gas/day
  • Recent technical analysis has identified oil resources not being produced by the currently producing wells. A sidetrack to target these resources is being planned for the 3rd quarter 2015
  • Louth Prospect – 3D defined prospect contiguous with Keddington – c.1.3 mmbls Gross Best Estimate Prospective Resources. An application to licence the part of this prospect which lies outside PEDL005 (remainder) was made in the 14th Onshore Round. Once awarded work will start on obtaining the necessary permissions to drill this prospect
  • North Somercotes Prospect – 3D defined prospect to the north of the Saltfleetby gas field – c.6-10 bcf Gross Prospective Resources
  • With the decline seen in gas production the group decided to suspend further investment in the gas to wire project. Should the Keddington sidetrack and/or the Louth well provide sufficient gas reserves the project can be restarted

  1. Egdon Resources (Operator) - 75%
  2. Terrain Energy - 15%
  3. Cairn Energy - 10%

Terrain Energy

Terrain Energy entwickelt ein Portfolio von Onshore-Erdöl- und Erdgasbeteiligungen in politisch stabilen Ländern, wobei der derzeitige Hauptfokus auf Großbritannien liegt. Terrain Energys Fokus liegt auf einem ausgewogenen Portfolio von auf den Schwerpunkt Produktion ausgerichteten Kapitalanlagen.

News

Oktober 2014
Das Bohrvorhaben Burton on the Wolds-1 wurde am 18. Oktober 2014 gestartet und erreichte am 28. Oktober 2014 eine Endtiefe von 1.086 m.
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Kontakt

Terrain Energy Limited
Marcel- Breuer- Str. 15
80807 München

Telefon: +49 (0) 89 - 5908 1227
Email: munich@terrain-energy.de

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