Southern” height=”226″ src=”https://www.offshore-technology.com/wp-content/uploads/static-progressive/nri/offshore/news/799px-FalklandEconomicZone.JPEG” style=”padding: 10px” title=”Gas has been discovered on the 61/17-1 exploration well in Falkland Basin” width=”301″ />
Oil and gas explorer Borders & Southern Petroleum has made a gas condensate discovery on its 61/17-1 exploration well in the Falkland Basin.
The Darwin well was drilled to a depth of 4,876m and encountered a porous sandstone reservoir containing hydrocarbons at a depth of 4,633m.
The main reservoir was found to be 84.5m thick, with 67.8m net pay and the interval had an average porosity of 22%.
Borders & Southern chief executive Howard Obee said the company was pleased to make a discovery with its first exploration well and to open a new hydrocarbon basin.
"There is clearly a lot of work ahead of us to understand the size and value of the discovery, but it is a great start and the potential of the basin is exciting," said Obee.
The company said that the well has successfully proven a working source rock, good quality reservoir and competent seals in the South Falkland basin.
Image: Gas has been discovered on the 61/17-1 exploration well in Falkland Basin; Photo: courtesy of Martinvl.