Faroe Drills Duster near Valhall Field

Faroe Petroleum AS, operator of production license 440 S, is about to complete the drilling of wildcat well 2/8-18 S. The drilling took place 6 miles (10 kilometers) north of the Valhall field in the southern part of the North Sea.

The primary target was to prove petroleum in Late Cretaceous chalk rocks (Shetland group).

The well encountered reservoir rocks as expected in the Shetland group. The reservoir rocks were poorer than expected. The well is dry. Data acquisition and sampling have been carried out.

The well is the first exploration well in production license 440 S. The license was awarded in APA 2006. The well was drilled to a vertical depth of 8,593 feet (2,619 meters) below the sea surface and was terminated in the Hidra formation in Upper Cretaceous. Water depth is 226 feet (69 meters). The well will now be permanently plugged and abandoned.

Well 2/8-18 S was drilled by the drilling facility Maersk Guardian (350' ILC) which will now proceed to production license 356 in the southern part of the North Sea to drill wildcat well 3/4-2 S where Det norske oljeselskap ASA is the operator.

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