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Ithaca Energy has succesful production well test in North Sea


First oil is likely to flow from the field at the end of 2009.

Published Jul 22, 2008
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Ithaca Energy is driving forward plans for development of the UK North Sea Athena project after successfully testing its third production well on the field.

The 14/18b-18 well tested 28° API sweet oil at 2,330 b/d.

Development plans for the field are now in full swing and Ithaca recently secured the exclusive rights to contract the FPSO Uisge Gorm from Bluewater Energy Services for the processing, storage and offloading of Athena production.

First oil is likely to flow from the field at the end of 2009.

Lawrie Payne, Ithaca’s CEO, said: “The success¬ful testing of this well confirms our geologic and geophysical interpretations and exceeds our expectations for this well. The stable production rate from this test is approximately twice the rate achieved in our two previous appraisals of the accumulation.