LYSAKER, Norway – Aker BP has proven small quantities of oil with its latest exploration well in the Alvheim area of the North Sea.
The Odfjell Drilling semisubmersible Deepsea Stavanger drilled well 24/12-7 in 118 m (387 ft) of water in license PL1041, 17 km (10.6 mi) southwest of the Bøyla field and 230 km (143 mi) west of Stavanger.
In the primary exploration target, the Palaeocene Hermod formation, the well encountered a 38-m (125-ft) oil column, with the oil/water contact at 2,132 m (6,995 ft) below sea level.
According to the Norwegian Petroleum Directorate, early analysis suggests 0.8 MMcmoe recoverable. The licensees do not consider the discovery commercial.
The well been permanently P&A’d.