Eni Norge completes Norwegian Sea appraisal well

Eni Norge AS has concluded drilling of appraisal well 6507/2-4 on the 6507/2-2 discovery in the Norwegian Sea.

Offshore staff

STAVANGER, Norway -- Eni Norge AS has concluded drilling of appraisal well 6507/2-4 on the 6507/2-2 discovery in the Norwegian Sea.

The well proved gas and condensate 4.5 km (2.8 mi) from the discovery well. The appraisal well indicates that the total size of the discovery is within the range of 12 – 19 Bcm (424 – 671 Bcf) of recoverable gas and 0.8 – 1.1 MMcm (28 – 39 MMcf) of recoverable condensate. The well was not tested, but extensive data collection and sampling were carried out. According to the company, results well are encouraging for future development.

This is the fourth exploration well in production license 122.

The appraisal well 6507/2-4 was drilled to TVD of 3584 m (11,759 ft) below the sea surface. The water depth is 365 m (1,198 ft), and the well will be plugged and abandoned. Well 6507/2-4 was drilled with the semisubmersibleWest Alpha, which will go to the Norwegian Sea to drill exploration well 6507/11-9 in PL 263 with StatoilHydro as operator.

01/30/2008

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