Elgood

Blythe Hub (Map: Wood Mackenzie PathFinder/IOG)

IOG has a 100% working interest in licence P2260 to the west of Blythe containing the Elgood discovery (Block 48/22c), which was awarded in the 28th licensing round.  The Elgood Field was discovered in 1991 by well 48/22-4, drilled by Enterprise Oil, but was not progressed due to its perceived size and gas prices at that time.  It is a good quality Rotliegend Leman sandstone reservoir that tested gas to surface at rates in excess of 17 MMscfd.  Gas was also tested from the Hauptdolomit interval 700 feet above the Leman interval but at low rates without stimulation.

A final FDP was submitted in July 2017 incorporating both Blythe and Elgood. First Gas at Elgood is targeted by end of Q3 2019.

Reserves are estimated as follows:

Gas Reserves (BCF)
Field  1P 2P 3P
Elgood 14.7 21.7 32.6

(Source: ERC Equipoise CPR October 2017)

Elgood will be co-developed with Blythe with a single well tied back to the unmanned platform and producing well at Blythe. The FDP for Blythe & Elgood was submitted in July 2017 and First Gas is targeted by end of  Q3 2019.

In addition to Elgood there are three undrilled prospects mapped on this licence. These are: -

  • Rebellion: a Rotliegend Leman sandstone reservoir gas prospect
  • Tetley Rotliegend: a Rotliegend Leman sandstone reservoir gas prospect
  • Tetley Hauptdolomit: a Hauptdolomit reservoir oil prospect

IOG estimates the prospective hydrocarbons in place and prospective resources in these prospects as follows:

Prospect Reservoir Min GIIP (Bcf) ML GIIP (Bcf) Max GIIP (Bcf)
Rebellion Rotliegend 2 8 24

 

Prospect Reservoir Min Resource (Bcf) ML Resource (Bcf) Max Resource (Bcf)
Rebellion Rotliegend 2 6 16

(Source: IOG 28th Licensing Round Submission)

 

Prospect Reservoir Min GIIP (Bcf) ML GIIP (Bcf) Max GIIP (Bcf)
Tetley Rotliegend 6 27 78

 

Prospect Reservoir Min Resource (Bcf) ML Resource (Bcf) Max Resource (Bcf)
Rebellion Rotliegend 4 20 62

(Source: IOG internal view)

 

Prospect Reservoir Min STOIIP (MMBbls) ML STOIIP (MMBbls) Max STOIIP (MMBbls)
Tetley Hauptdolomit 1 5 14

 

Prospect Reservoir Min  Resource (MMBbls) ML  Resource (MMBbls) Max  Resource (MMBbls)
Tetley Hauptdolomit 0.4 2 5

(Source: IOG 28th Licensing Round Submission)