Statoil Makes Minor Discovery in North Sea
The Norwegian Petroleum Directorate announced Friday that Statoil Petroleum AS, operator of production license 120, has made a minor gas/oil/condensate discovery at exploration well 34/8-16 S in the North Sea.
Drilled on the east flank of the Visund field in the northern part of the North Sea, the well’s primary exploration target was to prove gas and/or gas condensate in the Middle Triassic Lomvi formation. The secondary exploration target was to investigate additional resources in Lower to Middle Jurassic Statfjord and Brent Group reservoir rocks and the Upper Triassic Lunde formation.
The well encountered an oil/gas/condensate column of about 280 feet in the Lunde formation, 130 feet of which was of moderate to good reservoir quality. Preliminary calculations of the size of the discovery are between 14.1 and 38.8 million cubic feet of recoverable oil equivalents. The well has not been formation tested, but comprehensive data collection and sampling were carried out.
Well 34/8-16 S, which was drilled using the Songa Trym (mid-water semisub) to a vertical depth of 12,713 feet below sea level, is the 26th exploration well drilled in production license 120. The well will now be permanently plugged and abandoned.
WHAT DO YOU THINK?
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.
- Falcon Oil Declares Commercial Flow Test Results for Shenandoah Well
- Macquarie Strategists Expect Brent Oil Price to Grind Higher
- Japan Failing to Meet Corporate Demand for Clean Power: Amazon
- UK Oil Regulator Publishes New Emissions Reduction Plan
- Pennsylvania County Joins List of Local Govts Suing Big Oil over Climate
- PetroChina Posts Higher Annual Profit on Higher Production
- US, SKorea Launch Task Force to Stop Illicit Refined Oil Flows into NKorea
- McDermott Settles Reficar Dispute
- Russian Navy Enters Warship-Crowded Red Sea Amid Houthi Attacks
- USA Commercial Crude Oil Inventories Increase
- New China Climate Chief Says Fossil Fuels Must Keep a Role
- Oil Demand Outpaces Expectations, Testing Calculus on Peak Crude
- House Passes Protecting American Energy Production Act
- TotalEnergies Restarts Production in Denmark's Biggest Gas Field
- USA Oil and Gas Job Figures Jump
- Republican Lawmakers Say IEA Has Abandoned Energy Security Mission
- Blockchain Demands Attention in Oil and Gas
- Houthis Warn Saudi Arabia of Retaliation If It Backs USA Attacks
- Macquarie Sees USA Oil Production Exiting 2024 at 14MM Barrels Per Day
- Summer Pump Prices Set to Hit $4 a Gallon Just as Americans Hit the Road
- Chinese Mega Company Makes Major Oilfield Discovery
- VIDEO: Missile Attack Kills Crew Transiting Gulf of Aden
- Norway Regulator Blasts Proposal to Halt New Oil and Gas Permits
- Chinese Mega Company Makes Another Major Oilfield Discovery
- New China Climate Chief Says Fossil Fuels Must Keep a Role
- What Is the Biggest Risk to Offshore Oil and Gas Personnel in 2024?
- Vessel Sinks in Red Sea After Missile Strike
- Exxon Rights in Stabroek Do Not Apply to Hess Merger with Chevron: Hess
- Analysts Reveal Latest Oil Price Outlook Following OPEC+ Cut Extension
- Equinor Makes Discovery in North Sea