Project Profile
Location: Inner Moray Firth, east of the Beatrice Field, Scotland
Reserves: 50 million barrels of oil
Licence Relinquishment: December 2015
The Niobe Prospect, located in the Inner Moray Firth, is a proven play east of the Beatrice field in license P1889. Niobe is a stratigraphic pinch-out trap up-dip of a proven oil discovery and has the potential to hold up to 72 MMboe. An exploration well is likely to be drilled at some point in 2015. The prospect, which is located in the Inner Moray Firth, east of the Beatrice Field, in 2014 has proved to hold more than 50million barrels of oil equivalent.
Operators:
Suncor: Operator with 49.5% interest
Tap Oil: 28% interest
Noreco: 22.5% interest