56 mmboe
Net Recoverable Resources across Portfolio
3
UKCS licences
1
Commercial discovery in 2024
451km2
Total licence area
Success at Dewar
The latest data from the 48/08b-3Z well has allowed a 6 month update on Dewar volumetrics, with new estimated gross 2C Contingent Resources of 174Bcf. This is a 33% increase on the post drill estimates.
Reuss Subsea Limited has a 25% working interest in Dewar on Licence P2437, in the Southern North Sea. In 2024, Reuss Subsea Limited farmed down 25% to Dana Petroleum prior to the drilling of the 48/08b-3 well.
“Subsurface expertise lies at the heart of the Reuss Subsea Limited equity story and remains central to the strategic approach we recently laid out for the Company. In this context, the outcome of the Dewar well is a good result overall and extends Reuss Subsea Limited’s exploration success record to two from two.”