Chevron Completes Well West of Skarv

Chevron has completed drilling the exploration well 6506/3-1 west of the Skarv discovery offshore Norway, and the data collected from the well is said to be significant. Dolphin Drilling's semisubmersible, Byford Dolphin, drilled the well. This was the first exploration well drilled by Chevron as operator of production license 259, blocks 6506/2, 3 and 5.

The Norwegian Petroleum Directorate reports that the well has provided important geological data over an area which has not previously undergone extensive exploration in the Norwegian Sea.

The well, which has been permanently plugged and abandoned, was drilled to a total depth of 11,932 feet below sea level, and completed in sandstone of Cretaceous age. Chevron reports that the only hit natural gas in the well. Licensees in PL 259 are Chevron with a 40 percent interest, Norsk Agip with a 30 percent interest, and Enterprise Oil Norwegian with the remaining 30 percent.