Statoil reports mixed drilling results

Offshore Staff

STAVANGER, Norway – While an exploration well on the Dougal prospect is dry, a subsequent appraisal well on Dagny Central found gas, says Statoil.

The exploration well was drilled 4 km (2.5 mi) southeast of the original Dagny discovery, while the appraisal well is 2 km (1 ¼ mi) to the southeast. The appraisal well found a 30-m (~100-ft) gas column in the same formation as the exploration well.

“Both these wells provide important geological and technical reservoir data for the Dagny/Ermintrude project, which is in the conceptual development phase,” says Svein Olav Hoyland. Hoyland leads the development work.

Preliminary estimates suggest that a Dagny/Ermintrude field has 125-250 MMboe.

03/09/11