Storbarden Exploration Well is Dry

North Sea-focused Ithaca Energy reported Monday that the Storbarden exploration well on production license 506S in Norway did not find hydrocarbons.

The operator of the well, Rocksource ASA, used the Borgland Dolphin (DW semisub) rig to drill the main reservoir and the secondary target. Final data acquisition and analysis is currently ongoing, following which the well is to be plugged and abandoned.

The costs of the Storbarden well transferred from Valiant Petroleum to Ithaca on account of Ithaca's recent takeover of Valiant.



Have a news tip? Share it with Rigzone!
Email news@rigzone.com

WHAT DO YOU THINK?

Click on the button below to add a comment.
Post a Comment
Generated by readers, the comments included herein do not reflect the views and opinions of Rigzone. All comments are subject to editorial review. Off-topic, inappropriate or insulting comments will be removed.

Related Companies
For More Information on the Offshore Rig Fleet:
RigLogix can provide the information that you need about the offshore rig fleet, whether you need utilization and industry trends or detailed reports on future rig contracts. Subscribing to RigLogix will allow you to access dozens of prebuilt reports and build your own custom reports using hundreds of available data columns. For more information about a RigLogix subscription, visit www.riglogix.com.
Events  SUBSCRIBE TO OUR NEWSLETTER

Our Privacy Pledge
SUBSCRIBE

More from this Author
Rigzone Staff
e-mail us at news@rigzone.com
 -  Lukoil Finds Oil at Iraq Well (Feb 22)
 -  Gazpromneft-Sakhalin: Ayashsky License... (Feb 22)
 -  PSA Grants Aker BP Consent to Connect ... (Feb 22)
 -  CGG Wins DPC Contract in Brunei (Feb 21)
 -  NPD: Total Proven, Unproven Resources ... (Feb 21)


Most Popular Articles

From the Career Center
Jobs that may interest you
Floorhand ---GOM Barge Div.
Expertise: Floorhand / Roughneck
Location: New Iberia, LA
 
Floorhand - Patterson-UTI Drilling Company - Victoria, TX
Expertise: Floorhand / Roughneck
Location: Victoria, TX
 
Floorhand - Patterson-UTI Drilling Company - Oklahoma City
Expertise: Floorhand / Roughneck
Location: Oklahoma City, OK
 
search for more jobs

Brent Crude Oil : $56.66/BBL 1.52%
Light Crude Oil : $54.06/BBL 1.23%
Natural Gas : $2.56/MMBtu 9.54%
Updated in last 24 hours