Statoil Comes up Dry in North Sea

Norway's Statoil Petroleum has come up dry with its latest well in the North Sea, according to the Norwegian Petroleum Directorate.

Wildcat well 25/9-4 was drilled around 16 miles east of the Jotun field in the central North Sea. Its objective was to prove petroleum in Middle Jurassic reservoir rocks (the Hugin and Sleipner formations) but, although 50 feet of rock with relatively good reservoir properties was encountered in the Hugin formation, the well was judged as dry.

The well is the first exploration well in production license 628, where Statoil is the operator. The Ocean Vanguard (mid-water semisub) rig used to drill the well will now move to the 16/2-6 Johan Sverdrup field to drill appraisal well 16/2-19.

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