Field reprocessing14 Feb 2025 11:05
During the period, the SF7 permanent flowline construction was completed, and the flowline tied into the main process plant. The Company also completed a bottom-up assessment of the geological interpretation of the Saltfleetby field. This included:
· Reprocessing and reinterpreting the 3D seismic across the field generating a revised top structure map
· New stratigraphic correlation of the reservoir units and other key horizons
· Revised petrophysics of key well logs
· A probabilistic evaluation of the volumetrics
This exercise has helped to constrain the structure of the reservoir and will be critical in the planning of future development wells. Additionally, the work has indicated the potential for underdeveloped (or undeveloped) horizons within the reservoir. It has also reconfirmed the previously identified production acceleration potential within the main producing reservoir unit.
Detailed Design has progressed with the Booster Compressor. Selection of the compressor and engine, for the pressures and flowrates established by the reservoir modelling and CPR report, have now been finalised.
Potential Future Drilling and Gas Storage
A planning application was submitted post-period end to the local planning officer. The planning application will allow for drilling, completion and testing of four new wells to be drilled from either the A or B site giving us flexibility in future development.
Upon completion of the seismic remapping exercise described above, Angus will progress with the development of a reservoir model (static and dynamic) which is anticipated to be completed Q3 2024 and will be utilised to fine tune the detailed design and anticipated results of future drilling targets and gas storage potential.