StatoilHydro hits gas on Nise in Norwegian Sea

StatoilHydro has proved gas in the Nise formation with wildcat well 6707/10-2 S southeast of the 6707/10-1 (Luva) gas discovery in the Norwegian Sea.

Offshore staff

OSLO -- StatoilHydro has proved gas in the Nise formation with wildcat well 6707/10-2 S southeast of the 6707/10-1 (Luva) gas discovery in the Norwegian Sea.

A 127-m (417-ft) gas column with good reservoir properties was proven with an estimated 8-14 bcm of recoverable gas. Extensive data collection and sampling was carried out. The company plans to drill a sidetrack into a deeper prospect.

The licensees are now considering development of the discovery together with the nearby Luva and 6706/12-1 Snefrid Sør discoveries.

TheTransocean Leader drilled the well to a vertical depth of 3,356 m (11,010 ft) below the sea surface. The well was concluded in the Nise formation in the Upper Cretaceous. The vessel is moving on to drill the 6707/10-2 A sidetrack in the same production license.

10/16/2008

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