Well drilling and project management specialist Fraser Well Management has begun drilling operations on a salt well for the AIM listed InfraStrata plc on behalf of Islandmagee Storage Limited in Northern Ireland.
A Fraser Well Management team is managing the drilling operations at the Islandmagee – 1 well on the shores of Larne Lough . The objective is for data gathering to confirm the feasibility of a strategically important underground gas storage facility in leached salt caverns. During the drilling campaign, Fraser Well Management will provide project management from its operations base in Great Yarmouth and well-site supervision and personnel at Islandmagee-1.
Fraser Well Management’s project Drilling Superintendent, said: “This is an exciting project for both InfraStrata and Fraser Well Management. It presents us with an opportunity to demonstrate how companies with aligned goals can be mutually successful. We’re looking forward to continuing the relationship with InfraStrata for future wells.”
The Islandmagee – 1 drilling will lead to wireline data and samples of permian salt being analysed to determine the design and cost of the storage project
The project is recognised on a European level as a strategically important asset that will improve the security of supply and increase flexibility available in the gas markets in Great Britain, Northern Ireland and the Republic of Ireland and enable greater interconnectivity across these three neighbouring markets, while supporting the achievement of national renewable and carbon reduction targets.”