Borders and Southern plugs and abandons Stebbing well

Borders and Southern Petroluem, an oil and gas producer, has reported that well 61/25-1 on the Stebbing exploration prospect has been successfully plugged and abandoned, bringing to an end the company's current two well drilling programme.

Borders and Southern Petroluem, an oil and gas producer, has reported that well 61/25-1 on the Stebbing exploration prospect has been successfully plugged and abandoned, bringing to an end the company's current two well drilling programme.

The company announced earlier this month that the prospect had been unsuccessful, saying that although it had found very strong gas shows in the Tertiary section of the 61/25-1 well, it couldn't reach lower targets due to "anomalous pressure conditions".

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