Norway: Longboat Energy announces operational update
26 Jul 2021
Longboat Energy, the emerging full-cycle North Sea E&P company with a portfolio of significant, near-term, low-risk exploration assets, is pleased to provide an operational update.
Egyptian Vulture Exploration Well
Equinor, that the
Egyptian Vulture
prospect (Longboat working interest: 15%) is on-track to spud in late August 2021 using the West Hercules semi-submersible drilling rig.
The well is targeting gross mean prospective resources of 103mmboe with further potential upside to bring the total to 208mmboe. The Geological Chance of Success associated with this prospect is 25% with the key risk being related to reservoir quality/thickness.