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05/12/2008 Press release 65/2008: StatoilHydro Petroleum AS, operator of production licence 393, has concluded the drilling of appraisal well 7125/4-2 on the 7125/4-1 (Nucula) oil/gas discovery.
Wildcat well 7125/4-1 made an oil/gas discovery in 2007 in rocks from the Late Triassic/Early Jurassic and Middle Triassic Ages. The discovery is located about 110 km northeast of the Goliat discovery in the Barents Sea.
The objective of well 7125/4-2 was to delineate the oil/gas discovery and to examine a different part of the structure.
The well proved a small oil column in Triassic sandstones. The oil-bearing strata were thin, but did exhibit good reservoir properties.
It is too early to estimate the size of the discovery, but preliminary calculations indicate that the original resource estimate of 6-12 million standard cubic metres must be adjusted downward.
The well was not formation-tested, but data collection and sampling have been carried out. Evaluations and analyses will be carried out to clarify the size and extent of the discovery.
This is the second well in production licence 393, which was awarded in the 19th licensing round in 2006 with Norsk Hydro Produksjon AS as operator.
The well was drilled to a total vertical depth of 1727 metres below the sea surface, and was concluded in rocks from the Early Triassic Age.
Water depth at the site is 294 metres. The well will now be permanently plugged and abandoned.
The well was drilled using the semi-submersible drilling facility Polar Pioneer, which will now proceed to production licence 228 to drill appraisal well 7223/5-1, operated by StatoilHydro Petroleum AS.
Licensees in production licence 393 (see NPD's fact pages)
Press contact in the NPD
Eldbjørg Vaage Melberg, tel. +47 51 87 61 00