Transocean Leader rig spuds Hurricane’s Lincoln Crestal well off UK

UK-based Hurricane Energy has spudded the Lincoln Crestal well in the Greater Warwick Area offshore UK using the Transocean Leader semi-submersible rig.

Hurricane said on Friday that the Lincoln Crestal well, designated 205/26b-B, was spudded on July 12.

According to the company, Lincoln Crestal is the second in a three-well program on Hurricane’s Lincoln and Warwick assets – collectively named the Greater Warwick Area.

The first well in the three-well series is the Warwick Deep well results, designated 205/26b-13Z, which was drilled recently with disappointing results due to the well not flowing at commercial rates.

It was also drilled using the Transocean Leader which started drilling on April 16. The results of the well were announced on July 1. The well was plugged and abandoned.

The Warwick results were even more disappointing if one takes into consideration the fact that Rystad Energy placed Warwick on its list of top wildcat wells to watch this year, citing Hurricane’s pre-drill estimate of 935 million boe, and an indicated 77% chance of success.

Hurricane has a 50% interest in the Greater Warwick Area following Spirit Energy’s farm-in to the P1368 South and P2294 licenses in September 2018, which committed to a five-phase work program targeting sanction of full field development in 2021.

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