ExxonMobil Says Hvietveis Well Non-Commercial

ExxonMobil's Norwegian subsidiary, Esso Exploration and Production Norway, says the well on the Hvietveis prospect on the Naglfardomen in the Vøring basin offshore Norway will be plugged and abandoned after finding only a minor amount of gas. This is the first wildcat well in production license 264, which covers blocks 6706/5, 6706/6 and 6707/4. The production license was awarded in the 16th licensing round and is located in the Norwegian Sea, about 320 km west of Bodø and 265 km north of the Asgard field.

Currently, the well is not commercially exploitable, however, it did provide important geological information, including information about the reservoir status in the area. This will have significance for future evaluation of the exploration potential in this production license and the surrounding areas. The well was drilled by Smedvig's drill ship, West Navigator.