RWE Dea Discovers Gas at Titan Prospect

RWE Dea has discovered oil in the 35/9-6 S well on the Titan prospect in the Norwegian sector of the North Sea.

The well proved petroleum over a gross column of more than 1,427 feet (435 meters) in the Viking group, as well as in the Brent and Dunlin groups. The reservoir rocks vary in reservoir quality and thickness, as well as different pressure regimes, and water contact was not encountered.

Small-scale formation tests showed variable flow properties, and preliminary estimates place the size of the discovery between 12.5 and 62.8 million barrels of recoverable oil equivalent. To determine the exact size and extent of the discovery, the operator will have to appraise the find.

The well was drilled by the Bredford Dolphin semisub in a water depth of 1,214 feet (370 meters). Situated about 9 miles (15 kilometers) west of the Gjoa field in the Norwegian North Sea, the well is the first to be drilled in this license. RWE Dea Norge AS is the operator of the license, with a 30% interest; Statoil owns 40%; and Idemitsu Petroleum Norge owns 30%.

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