Det norske oljeselskap reported Tuesday that core samples recovered from Statoil's appraisal well (16/2-17S) on the Johan Sverdrup discovery has confirmed oil.
Statoil spud well 16/2-17S, located on production license 265 in the Norwegian North Sea, at the end of March.
The well is located close to the western-bounding fault of the Johan Sverdrup discovery and its main objective is to investigate the Jurassic reservoir thickness, quality and distribution close to the fault – approximately a mile southwest of appraisal well 16/2-8 and 1.5 miles west of appraisal well 16/2-11.
The planned total depth is approximately 6,750 feet below mean sea level. The well is being drilled by the rig Ocean Vanguard (mid-water semisub) in an operation that was expected to take around 55 days, according to a March 26 statement from Statoil.
Statoil's partners in the well include Petoro, with a 30-percent stake, Det norske oljeselskap, with 20 percent, and Lundin Norway, which has a 10-percent interest.
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