Project Profile
Location: Fitzroy sub-basin, South Falkland basin, Falklands
Reserves: between 250 and 650 mmbbls of gross prospective resources (un-risked)
Depth: approximately 4,170 ft deep (drilled to a total depth of 17,550 ft)
Noble, Edison and FOGL are the shareholders in the license containing the Humpback Prospect. The well on the Humpback Prospect is considered by the joint venture partners to be the prime \'play opening\' well. It is an important test of concept, in terms of evaluating the Cretaceous deepwater fan play and the presence of oil within the Fitzroy sub-basin. Humpback is located near a cluster of similar prospects totalling over one billion barrels of oil. The operator estimates that the Humpback Prospect contains between 250 and 650 mmbbls of gross prospective resources (un-risked). If the initial drilling results are encouraging, the joint venture partners will look to fully appraise Humpback and drill other similar prospects within the play area. Such further exploration and appraisal drilling would be part of a future campaign, with wells on either Scharnhorst and/or Starfish also possibly forming part of such a programme. The Humpback well, in water approximately 4,170 ft deep, is targeted to be drilled to a total depth of 17,550 ft.
Operators:
Falkland Oil and Gas Limited (FOGL): Operator with 52.5% interest
Noble Energy: 35% interest
Edison International: 12.5% interest
Contractors:
Ocean Rig ASA: Drilling contract using the Eirik Raude drilling rig