Showing posts with label Resources. Show all posts
Showing posts with label Resources. Show all posts

Monday, July 02, 2012

FERC approves final rule to incorporate variable energy resources

Monday, July 02, 2012
The Federal Energy Regulatory Commission (FERC) issued on 21 June a final rule, the transmission provider offering customers the option of planning data transmission interval of 15 minutes instead of an hour intervals service requires. The rule must also generators with variable energy sources such as wind and solar energy, provide certain data to support the prediction of power output owner. According to FERC, more efficient operation of the transmission system in the midst of increasing integration of variable renewable energy sources on the grid supports the judgment. The ruling benefits also electric consumers by ensuring that services at reasonable prices are offered.

The final rule determines that sales planning makes while transfer more efficiently manage provider reserves help, are forecasts only as good as the data they rely on. This interconnection of customers whose variable energy resources meteorological and operational data to transmission providers to provide the forecast of electricity, view FERC transmission provider better resource variability can manage. The final rule effective 12 months after publication in the Federal Register. See press review of FERC.

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Thursday, November 17, 2011

PA Resources discovery on Lille John prospect

Thursday, November 17, 2011


PA Resources has completed its sidetrack of the Lille John well to a Chalk target but did not encounter effective reservoir.


The sidetrack provided a second penetration of the Miocene sandstone level encountered in the original well, again oil-bearing and with improved reservoir quality compared to the initial penetration.


"We have now ended our successful Danish drilling campaign as operator, with two discoveries from two exploration wells," said Bo Askvik, President and CEO at PA Resources.


"The sidetrack at Lille John has shown improved reservoir quality in the Miocene sandstone which gives us further encouragement that the Miocene seismic anomaly reflects yet better reservoir. We are very satisfied with this result of the campaign and have commenced a comprehensive evaluation to progress Broder Tuck towards development. Additional studies will be conducted to progress the further exploration of the Lille John area and appraisal of the exciting Miocene discovery, made at a reservoir level which has not been widely explored in Denmark."


The exploration sidetrack at the Lille John prospect in Danish Licence 12/06 has been drilled to a total depth of 1,307 meters below mean sea level. It encountered a modest thickness of highly-cemented Chalk with weak hydrocarbon indications, but no effective reservoir.


The sidetrack also penetrated the Miocene sandstones some 180 meters away from the Miocene interval that was found to be oil-bearing in the initial Lille John well in October. Again the Miocene sandstones were oil-bearing in the sidetrack at a depth approximately 930 meters below mean sea level, with improved reservoir quality compared to the original well which confirmed oil of gravity 34-35 degrees API. Both penetrations were primarily located for the Chalk target and as such lie outside of the well-imaged Miocene seismic amplitude anomaly interpreted to reflect better developed oil-bearing sandstone. The sidetrack was not located to allow the secondary Middle Jurassic target to be drilled and so is now being plugged and abandoned.


The Lille John well is located approximately 17 kilometres south of Gorm Field and 8 kilometres from PA Resources’ gas and condensate discovery at the Broder Tuck prospect made in July of this year. The License 12/06 partners will formally declare both Broder Tuck and Lille John as discoveries, which triggers the commencement of further technical and commercial evaluation of the finds and allows a request for a licence extension to be submitted. A comprehensive re-evaluation of the nearby Miocene exploration prospectivity and the Chalk and Middle Jurassic potential which remains in the Lille John prospect will also be conducted using the new well results and reprocessed 3D data.


The following companies participate in Licence 12/06: PA Resources UK Limited (64%), Nordsofonden (Danish North Sea Fund) (20%), Danoil Exploration A/S (8%) and Spyker Energy APS (8%). PA Resources is operator of the licence.



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Friday, November 11, 2011

PA Resources discovery on Lille John prospect

Friday, November 11, 2011


PA Resources has completed its sidetrack of the Lille John well to a Chalk target but did not encounter effective reservoir.


The sidetrack provided a second penetration of the Miocene sandstone level encountered in the original well, again oil-bearing and with improved reservoir quality compared to the initial penetration.


"We have now ended our successful Danish drilling campaign as operator, with two discoveries from two exploration wells," said Bo Askvik, President and CEO at PA Resources.


"The sidetrack at Lille John has shown improved reservoir quality in the Miocene sandstone which gives us further encouragement that the Miocene seismic anomaly reflects yet better reservoir. We are very satisfied with this result of the campaign and have commenced a comprehensive evaluation to progress Broder Tuck towards development. Additional studies will be conducted to progress the further exploration of the Lille John area and appraisal of the exciting Miocene discovery, made at a reservoir level which has not been widely explored in Denmark."


The exploration sidetrack at the Lille John prospect in Danish Licence 12/06 has been drilled to a total depth of 1,307 meters below mean sea level. It encountered a modest thickness of highly-cemented Chalk with weak hydrocarbon indications, but no effective reservoir.


The sidetrack also penetrated the Miocene sandstones some 180 meters away from the Miocene interval that was found to be oil-bearing in the initial Lille John well in October. Again the Miocene sandstones were oil-bearing in the sidetrack at a depth approximately 930 meters below mean sea level, with improved reservoir quality compared to the original well which confirmed oil of gravity 34-35 degrees API. Both penetrations were primarily located for the Chalk target and as such lie outside of the well-imaged Miocene seismic amplitude anomaly interpreted to reflect better developed oil-bearing sandstone. The sidetrack was not located to allow the secondary Middle Jurassic target to be drilled and so is now being plugged and abandoned.


The Lille John well is located approximately 17 kilometres south of Gorm Field and 8 kilometres from PA Resources’ gas and condensate discovery at the Broder Tuck prospect made in July of this year. The License 12/06 partners will formally declare both Broder Tuck and Lille John as discoveries, which triggers the commencement of further technical and commercial evaluation of the finds and allows a request for a licence extension to be submitted. A comprehensive re-evaluation of the nearby Miocene exploration prospectivity and the Chalk and Middle Jurassic potential which remains in the Lille John prospect will also be conducted using the new well results and reprocessed 3D data.


The following companies participate in Licence 12/06: PA Resources UK Limited (64%), Nordsofonden (Danish North Sea Fund) (20%), Danoil Exploration A/S (8%) and Spyker Energy APS (8%). PA Resources is operator of the licence.



View the original article here


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