Pitch Your Prospect: ‘Boaz’ Prospect (Block 16/8c), Azinor Catalyst
‘Boaz’ prospect is a large gas condensate Triassic tilted fault block immediately adjacent to the UK/Norwegian median line and the ‘Eirin’ field, which is currently being developed by Statoil as part of the wider ‘Gina Krog’ field development.
The primary target on the block is the Triassic Skagerrak Formation which comprises thick and well developed alluvial and braid plain deposits, proven by numerous well penetrations in the adjacent Norwegian acreage to the east. The 16/8a-10 (1988) encountered hydrocarbon in the overlying poor quality Middle Jurassic Sleipner Formation, however the well never reached the Triassic due to borehole instability issues.
New 3D Geostreamer seismic, acquired in 2013 and processed in 2014, indicates potential hydrocarbons on the structure. ‘Boaz’ has gross P50 recoverable resources of 90 MMboe with considerable opportunity for upside. The adjacent ‘Eirin’ Triassic fault block, located 8kms to the east, was tested by Norwegian well 15/5-2 (1978) and flowed gas condensate at a restricted rates of 11 MMscfpd.
An exploration well is planned to target the Triassic sands of the ‘Boaz’ prospect to a depth of 4,600m TVDSS. The prospect is considered to be marginally HPHT.
Meet Azinor Catalyst on Booth 33 at PROSPEX, Business Design Centre, 9-10 December 2015
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