E.On says the Tolmount gas find in the southern North Sea could turn out to be significantly larger than previously predicted after completing the latest appraisal well for the field.
The site, around 50km off the coast of Yorkshire, was discovered in 2011 with maximum safe testing of up 50 million cubic feet of gas per day.
But now the energy firm, which co-owns the licence for the block with Dana Petroleum, says early indications from their latest well suggest the find could have far more gas than expected.
“The well results will now be incorporated into development studies, with the aim of an optimised development in a short timeframe,” said E.On’s Frank Sivertsen.
“Tolmount could be one of the largest discoveries made in the Southern North Sea in the last decade.”
A spokesman for the firm said it was too early to provide specific details on the size of the field, but that the company was looking to bring it on stream as soon as feasible.
The find, which is near E.On’s Babbage gas field, comes after E.On completed a 855m side-track carried out by the Maersk Resolve to the appraisal well at the end of last month.
“This successful discovery in UK is an important step for our growing upstream business,” said E.On’s Jørgen Kildahl.
“Tolmount will significantly contribute to the implementation of our business strategy.”
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