Norsk Hydro Completes Well in J10 Prospect

Norsk Hydro has concluded drilling operations on exploration well 35/8-5 S in the J10 prospect in production license 195 located in the Norwegian sector of the North Sea.

The well is located southwest of Floro offshore western Norway in approximately 370 meters of water. It was drilled to a total depth of 3,803 meters below the sea's surface into rock from the Mid-Jurassic period.

The well showed traces of hydrocarbons in rock from the Upper Jurassic period, which was the primary goal of the drilling operation, but the find is considered non-commercial. The well results are presently being evaluated by Hydro.

Odfjell's semisub, Deepsea Delta, has concluded drilling, plugged the well and is now proceeding to the Hydro-operated Tune field to do well intervention and completion work.

Hydro owns a 40 percent stake in PL 195, followed by Petoro with 35 percent and RWE DEA at 25 percent.