Drilling & Completions | Drilling / Well Results
Petro River's Latest Larne Basin Well Misses Target in Ireland
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Petro River Oil Corp reported that drilling has been completed at the Woodburn Forest-1 well in Larne Basin, Northern Ireland.
The well was drilled to a depth of 2,000 meters and encountered two conventional, porous sandstone reservoir intervals, the Triassic Sherwood and the Permian Collyhurst. As previously disclosed, our original objective was to reach the Carboniferous source rock at this depth, however the Permian section thickened considerably and the Carboniferous was not reached. A majority of the well participants supported drilling deeper, however several of the other well participants declined, and the decision was made to plug and abandon the well. Although our joint venture partners decided not to drill to the Carboniferous, we are encouraged by findings of thermogenic gas in…
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