Chevron to Abandon Shetland Well

Chevron failed to hit pay in its Lagavulin exploratory well in the UK sector of the North Sea. Drilled by the Stena Carron drillship, well 217/15-1z reached total depth on June 10, 2011.

A working petroleum system was not confirmed at this location so plugging and abandonement operations will commence. Data was gathered and a detailed analysis is underway to fully evaluate the well results, stated the company.

The Lagavulin prospect straddles Blocks 217/10, 210/14 and 210/15 in a water depth of 5,148 feet (1,569 meters), about 162 miles (260 kilometers) north of the Shetland Isles and approximately 29 miles (47 kilometers) from the median line between UK and the Faroe Islands. Chevron operates the license with a 60% interest; OMV with 20%; Idemitsu 10%; and Faroe with 10%. 

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