The Norwegian Petroleum Directorate announced that the Statoil-operated wildcat well 35/11-17 in PL090, North Sea, has encountered oil pay. The well will be permanently plugged and abandoned.
The well encountered a 48m gross oil column in the Brent group, 10m of which has good reservoir quality in the Etive and Rannoch formations. A 38m gross oil column was encountered in the Fensfjord Formation, 20m of which has good reservoir quality.
The discovery is estimated to hold 1-3 MMcm (6.4-19.3 MBOE). This is the 16th exploration well drilled in PL090, which was awarded in 1984.
PL090 ownership: Statoil (45%, operator), ExxonMobil (25%), Idemitsu Petroleum (15%) and GDF Suez (15%).
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