Opportunities
Please contact us to discuss any of these opportunities or complete the signup form to be added to our mailing list for new projects.
P2542 Syros Farmout United Kingdom
Deltic Energy Plc are seeking partners to participate in an exploration well on Licence P2542 to test the ILX Fulmar Syros prospect. Located adjacent to the Montrose-Arbroath fields, the estimated gross P50 Prospective Resources for Syros is 25 mmboe with a GCoS of 58%. Deltic currently holds a 100% working interest and seeks a partner to join the project ahead of a 2024 well. The reservoir is the Jurassic aged Fulmar sandstone and the prospect is interpreted as a block of Fulmar inter-pod which has rotated on underlying salt and is isolated up-dip by juxtaposed Smith Bank shales.
P2252 Pensacola Discovery United Kingdom
The Pensacola discovery was made in early 2023 and is the largest gas discovery in the SNS since 2011 with estimated HIIP (gross P50) of 342 mmboe and an Expected Ultimate Recoverable (EUR) at the P50 level of 99 mmboe of which 70% is gas. The Zechstein discovery is located 40km from the Breagh facilities and 73km from Teesside where gas and liquid handling facilities are located. Deltic currently holds a 30% working interest alongside Shell (65%) and ONE-Dyas (5%). An appraisal well is planned for Q4-24.
P2437 Selene Farmout United Kingdom
The Selene prospect is targeting a Rotliegendes aged Leman sandstone first drilled by the 48/08b-2 well in 1989 on 2D data. Subsequent 3D data acquisition and reinterpretation using innovative seismic velocity modelling during PSDM re-processing provided the first steps to resolving the depth conversion story which the current partnership believes inverted the field. Targeting P50 gross Prospective Resources of 318 Bcf, the partnership made a firm well investment decision in 2022 with a well planned for mid-2024 with an estimated cost of £30m.
EP493 - Great Sandy Desert Project Australia
Theia Energy is seeking industry partner(s) or potential investors to participate in the development of its Great Sandy Desert Project in Australia. The project comprises unconventional shale oil and gas resources held within the Lower Goldwyer (GIII formation) consisting of Ordovician age shales within the onshore Canning Basin.
The prospective resources are estimated to range from 2.9 to 5.4 Billion BOE with 60% oil. In 2015, Theia Energy drilled a successful well proving up a continuous 70m oil column with shale thickness of 120m and 25,600 bbls/acre of moveable OIP (~45 degrees API, light, non-waxy).
