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UKCS - P2352 - Dewar

UKCS - P2352 - Dewar

Project Summary

The Dewar prospect is a part structural, part stratigraphic AVO supported prospect formed when Forties aged mass flow deposits remobilised from the Marnock high and cut down into unconsolidated hemipelagic sediments laid down in the depositional shadow created by the Marnock high. This "channel" cut is clearly imaged on 3D seismic as is the differential compaction which forms the structural dip closures.

Dewar is a NPNT drill ready ILX Exploration Opportunity with an estimated 21 mmboe P50 recoverable resource from Forties equivalent channel sand. Deltic give the prospect a high GCoS of 41% with an AVO supported geological model.

The licence is situation close to infrastructure including the ETAP CPF, Mirren and Shearwater.

Project Farmdown with significant equity share available
Country United Kingdom
Basin Central North Sea
Seller Deltic Energy Plc
Contract Concession - Innovate Licence
Current Phase Exploration - Phase A - Innovate Licence - 30th Round
Hydrocarbon Type Oil
Exploration Well Drilling Cost Estimate £17M
Project Economics Post Tax IRR 84% and NPV $343m ($571m Pre-Tax)
Dataroom Opening Open Now
UKCS - P2352 - Dewar

For further information about this opportunity or to request a Confidentiality Agreement, please contact the Holt Energy Advisors Team via the form below.