Norwegian Continental Shelf-focused oil firm Det Norske announced Monday that its exploration well 25/6-4 S on the Kalvklumpen prospect in production license 414 has come up dry.
The primary objective of the well, located in the central part of the Norwegian North Sea and some 13 miles (20 kilometers) south-east of the Frøy field, was to prove hydrocarbons in Paleocene and Jurassic sandstone. However, although the well did strike good quality reservoir rocks, the formation was water-bearing.
The well will now be permanently plugged and abandoned.
Participants in the Kalvklumpen prospect include UK firm Faroe Petroleum (with a 20-percent interest) and Norwegian Energy Company (20 percent).
"This is our first exploration well in this northern part of the Utsira High area, which has seen recent exploration success in the Atla discovery, located close to Faroe Petroleum's acreage," said Faroe Chief Executive Graham Stewart in a press statement. "Whilst the results for the Kavlklumpen well are disappointing, the extensive data acquired will be now be applied to evaluate and de-risk further prospects within this and the adjacent licenses held by the company in this prospective area."
Stewart added that the Kalvklumpen well is one of a continuing multi-well exploration drilling program that Faroe is conducting in 2012.
Norwegian Energy Company also announced Monday that it had begun drilling on its exploration well Luna-1X on license 1/11 in the Danish part of the North Sea. The firm is the operator, with a 47 percent interest in the Luna prospect.
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