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6405/10-1

29/08/2007 Press release 31/2007: Statoil ASA, the operator of production license 281, has completed the drilling of wildcat well 6405/10-1. The well is localised approx. 40 km north of the Ormen Lange field and approx. 30 km south of the Ellida discovery in deep waters in the Norwegian Sea.

The purpose of the well was to prove petroleum in the Upper Cretaceous reservoir rocks (the Nise formation) in the "Midnattsol" prospect. The well proved gas in the Nise formation in a poor quality reservoir. The size of the discovery is not yet clear, but the NPD's preliminary estimates gives an uncertainty range of 1 - 15 billion Sm3 of recoverable gas. Small-scale formation tests were carried out and showd limited flow properties. Extensive data collection programs will form the basis for further analyses of the discovery's size and production properties. It is therefore too soon to conclude whether the discovery can be developed.

The well is the second exploration well in production license 281. The license was awarded in the 17th licensing round. The well was drilled to a vertical depth of 3158 metres below sea level, and ended in the Nise formation in the Upper Cretaceous.

The sea depth was 928 metres. The well will now be permanently plugged and abandoned.

Well 6405/10-1 was drilled with the drilling facility Transocean Leader, which will continue to production license 293 in the North Sea to drill wildcat well 34/12-1 for Eni Norge AS following a shipyard stay of approx. 1 month for the 5-year classification.


Licensees in production license 281:

Statoil ASA (operator) 50%
EON Ruhrgas 20%
Petoro 20%
ConocoPhillips 10%



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Contact in the NPD:
Eldbjørg Vaage Melberg, tel.: +47 51 87 61 00

Updated: 12/01/2010