Two Statoil Wells Hit

Two wells drilled by Statoil in the prolific North Sea Gullfaks field hit gas and condensate with the potential for commercial development. Both wells were drilled from the Gullfaks B platform. Exploration well 34/10-45 A was drilled 5.5 kilometers to an area west of the Gullfaks B facility while well 34/10 S, a sidetrack, was drilled 250 meters south of the first well. Both wells were drilled to a total vertical depth of 2,200 meters, terminating in late Jurassic sandstones.

The wells hit gas and condensate in a chalk formation, while reservoir has limited reach, but since no finds in this area had previously been made in reservoirs of this age, the discovery is interesting and represents new possibilities. Since the appraisal well was drilled from an existing platform, it will immediately be brought on stream, said Statoil. "Experience from this production will provide important information about the size of the discovery and its commercial value," the NPD said.

Mr Arild Hesjedal, sector manager for Statoil's E & P unit, said gas and condensate was proven in both wells in what is assumed to be Cretaceous rocks. Concurring with the NPD he added: "No previous finds have been made in reservoirs of this age in this particular area. The find is therefore interesting and represents new opportunities. "The experience from this production will provide important information about the size of the find and its commercial value."

Statoil operates licence 050B with a 61% interest with partners Petoro (30%) and Norsk Hydro (9%).


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