Statoil proves fresh reserves close to Gullfaks

Offshore staff

OSLO, Norway – Statoil Petroleum has discovered small quantities of gas with its latest wildcat in the Gullfaks area of the Norwegian North Sea.

Well 34/10-53 A was drilled by the Deepsea Atlantic in 136 m (446 ft) water depth in production license 050B, 5 km (3.1 mi) west of the Gullfaks Sør field. It is a side track from well 34/10-53 S, which discovered gas and condensate earlier this year.

According to the Norwegian Petroleum Directorate, the objective was to prove petroleum in mid-Jurassic reservoir rocks (the Brent group).

Gas was encountered in a 170-m (558-ft) column in the upper part of the Brent group (the Tarbert formation). Preliminary suggest recoverable reserves in the range 0.4-1.2 MMcmoe (14-42 Mmcfoe), which could be tied-in to existing infrastructure in the Gullfaks area.

Deepsea Atlantic is remaining in the area for further drilling for Statoil in the southern part of the Gullfaks Sør field, in PL 050.

06/07/2011

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