BP Announces Successful Sidetrack Well on Skarv Field

BP reports that the sidetrack 6507/5-4 A on the Skarv Field proved additional oil pay in Jurassic sandstones. Stena Drilling's semisubmersible, Stena Dee, drilled the sidetrack well in a water depth of 1,381 feet to a total depth of 12,657 feet and a vertical depth of 12,313 feet below sea level. Skarv Field is located approximately 125 miles offshore Norway.

BP stated that they wanted to drill a sidetrack well to further prove hydrocarbons, since they were not entirely satisfied with the results from the main well. The results from the sidetrack increased the likelihood that Skarv will be developed, but that the tests of the oil will be analyzed further before the company returns to test well pressure and flow in August or September. Before Skarv can be brought on stream, a concept screening study will need to be performed to determine the best way to develop the field. Two development solutions are currently being considered. One involves a floating production unit and the other is a subsea tie-back to the Heidrum platform. A final decision should be made by the end of the year.

The Norwegian Petroleum Directorate (NPD) estimates Skarv reserves at 20.9 million standard cubic meters of oil, 69.1 billion cubic meters of gas and 10.1m Scm of condensate.

BP Amoco Norge operates the field with a 30% interest in the PL 212 license. Other licensees include Statoil, the Norwegian state oil company with 30%, SDFI (state's direct financial interest) with 30%, Enterprise Oil Norwegian with 25% and Mobil Development with the remaining 15%.