Norwegian oil and gas firm DNO ASA declared drilling for its Jawhara-3 well in the Sfax Offshore Exploration Permit in Tunisia is complete. The company partnered with Entreprise Tunisienne d'Activités Pétrolière, which holds the permit, for the project.
DNO said it drilled the Jawhara-3 well about 1.4 miles vertically.
In an announcement in October 2014, DNO said Jawhara-3 is the first well for exploration in the Sfax Offshore Exploration Permit and is located 2.5 miles away from the Jawhara-1 discovery well. In the same announcement, the company said it will have a second exploration well in the first half of 2015.
The firm will have to perform more analysis to determine the oil estimates for the Jawhara field.
"The Douleb and Bireno fractured carbonates formations proved to be water bearing in the compartment of the structure targeted by the well," the company said in a statement. "Two other secondary objectives had oil shows."
DNO aims to finish the farm-out in the area and will have to wait for approval from officials in Tunisia.
In addition to DNO, Eurogas International Inc. and Atlas Petroleum Exploration Worldwide also have stake in the project. Petrogas E&P Tunisia BV has a 35 percent participating interest in DNO's permit.