Eni Deserts Barents Sea Duster

Transocean Polar Pioneer
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Eni has failed to find hydrocarbons in wildcat well 7120/12-5 on the Lunde prospect in the Barents Sea. The purpose of the well was to prove petroleum in Jurassic and Triassic reservoir rocks. The well encountered medium reservoir quality in both the Sto and Snadd formations, but the Kobbe formation was poorer than expected. The well is dry, reported the Norwegian Petroleum Directorate. Data acquisition and sampling were carried out by the operator.

The vertical well reached a total depth of 11,827 feet (3,605 meters) and terminated 197 feet (60 meters) into the Kobbe formation. The 7120/12-5 well was drilled by the Transocean Polar Pioneer semisub in a water depth of 614 feet (187 meters). Plugging and abandonment operations will now commence. The well is located about 71 miles (115 kilometers) northwest of Hammerfest and about 31 miles (50 kilometers) west of the Goliat field in Production License 488. Eni Norway AS operates the license with a 40% interest; Statoil owns 40%; and Petoro AS owns 20%. This is the first well drilled in the license.

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