Lotos Drills Duster Northwest of Ula Field

Lotos EPN AS, operator of production license 498, has completed drilling of wildcat well 7/8-6 S. The well is dry.

The drilling took place 22 miles (35 kilometers) northwest of the Ula field in the southern part of the North Sea.

The objective of the well was to prove petroleum in Late Cretaceous reservoir rocks (the Tor formation).

The well encountered 82-foot (25-meter) thick reservoir rocks with poorer reservoir quality than expected in the Tor formation.

The well is the first exploration well in production license 498 and the license was awarded in APA 2008. The well was drilled to a vertical depth of 10,056 feet (3,065 meters) below the sea surface and was terminated in the Tor formation in Late Cretaceous. Water depth is 269 feet (82 meters). The well has been permanently plugged and abandoned.

Well 7/8-6 S was drilled by the Maersk Guardian (350' ILC) drilling facility, which will now proceed to production license 453 S in the southern part of the North Sea to drill wildcat well 8/5-1 for Lundin Norway AS.


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