The Avalon prospect was successfully drilled in 2014 (see press releases).
An appraisal well was drilled on the prospect in July 2017 to confirm the reserves using the Stena Spey Rig. The results of this are now being appraised and development plans evaluated.
Operatorship was transferred to Ping Petroleum UK Ltd on 1st June 2018.
Ping Petroleum UK Ltd
|Summit E&P Ltd||50%|
|Ping Petroleum UK||50%|
Start Date – 01/01/2013
End Date – 01/01/2039
Images courtesy of Stena Drilling Ltd.
approximate location shown