NPD: New Oil and Gas Discovery in North Sea

DONG Exploration & Production Norge has discovered oil and gas around 1.5 miles south of the Trym field in the southern North Sea, the Norwegian Petroleum Directorate (NPD) reported Tuesday. Preliminary estimates suggest the size of the discovery is between 8.4 million and 16.8 million barrels of oil equivalent.

The primary exploration target for wildcat well 3/7-8S on production license 147 was to prove petroleum in Middle Jurassic reservoir rocks (the Sandnes and Bryne formations). The secondary target was to prove petroleum in the Maureen formation in the Palaeocene zone.

While both oil and gas were proved in a gross column of 520 feet in the Sandnes and Bryne, the Maureen formation was found to be dry.

The well was drilled by the Maersk Giant (350' ILC) rig, which the NPD said will now proceed to neighboring license 289 to drill another wildcat well for DONG.



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