GDF SUEZ have confirmed a new gas discovery in the Southern North Sea (SNS).
The Cepheus 44/12a-6 exploration well encountered a gas column within the Permian Lower Leman Sandstone which was the primary reservoir target.
The well, which was spud earlier this year, was drilled to more than 12,000ft. The TSF Monach rig is due to plug and abandon operations before moving off site tomorrow.
Managing director Jean-Claude Perdigues said the find bolsters its Cygnus efforts.
He said: “This is a timely and pleasing announcement of an exploration discovery near to the Cygnus development where excellent progress is being made on the installation of the first offshore structures. The discovery supports our strategy to add value to the Cygnus field through its development as a hub for the wider area and it consolidates the SNS as a core area for GDF SUEZ.”
GDF SUEZ acts as operator of the well with a 34.48% stake. Its development partners, Centrica North Sea Gas and Bayerngas, retain 48.28% and 17.24% respectively.