Equinor Energy AS, operator of production licence 502, has completed the drilling of wildcat well 16/5-7.
The well was drilled about 1 km west of Johan Sverdrup oil field in the central part of the North Sea and 200 km west of Stavanger.
The objective of the well was to prove petroleum, as well as to investigate potential reservoir rocks in several levels: Upper Jurassic (intra Draupne formation sandstones), Upper Triassic (Skagerrak formation), Upper Permian (the Zechstein group) and weathered/fractured basement rock.
The well was drilled about 110 m into basement rock, of which 77 m of weathered and fractured basement rock with poor to moderate reservoir properties. In the upper part of the basement, the well encountered traces of oil in a zone of about 19 m.
At this time, it is impossible to determine whether the oil is producible or simply residual. No sedimentary rocks were encountered in other levels. Pending new information and interpretation of collected data, the preliminary classification is that the well is dry.
The well was not formation-tested, but extensive volumes of data have been acquired and samples have been taken.
The well has yielded important information about the potential for reservoir properties in the basement rock, as well as pressure communication in the area.
This is the second exploration well in production licence 502. The licence was awarded in APA 2008.
The well was drilled to a vertical depth of 1988 m below the sea surface, and was terminated in the basement rock.
Water depth at the site is 105 m. The well will now be permanently plugged and abandoned.
The well was drilled by the Transocean Spitsbergen drilling facility, which will now proceed to the shipyard before well operations start up on Snorre field in the northern part of the North Sea.
Source: World Oil
Russia's oil and gas revenue crashed by nearly 50% at the start of 2023, leading to a wider budget deficit as Moscow's spending soars
BP underlying profit soars on higher oil and gas prices
TotalEnergies says has limited exposure to Adani Group companies
Shell reports highest profits in 115 years