VNG to extend hydrocarbons search north of Pil offshore Norway

A side track of the Pil discovery in the Norwegian Sea suggests a commercial discovery, according to partner Rocksource.

May 27th, 2014

Offshore staff

OSLO, Norway – A side track of the Pil discovery in the Norwegian Sea suggests a commercial discovery, according to partner Rocksource.

Based on information from the VNG-operated appraisal well in license PL 586, Rocksource has updated its resource estimate to 90-150 MMboe, with a mean volume of 115 MMboe.

Prior to drilling VNG and the Norwegian Petroleum Directorate had indicated a range of 50-170 MMboe.

The 6406/12-3 B side track was drilled down flank and northeast of the discovery well. It encountered an 80-m (262-ft) oil column in the Rogn formation, with good reservoir properties.

On completion of the side track, the rig will drill the Bue prospect to the north, which could hold up to 32 MMboe. The partners plan to test upside elsewhere on the license through a drilling campaign in 2015.

Pil is on the Halten Terrace, 33 km (20.5 mi) southwest of the Njord field production complex.

In the Norwegian North Sea, Tullow Oil’s latest exploration well, on theGotama prospect, was a dry hole.

The semisubmersibleBorgland Dolphin drilled well 31/2-21S, the first on the PL 550 license, 12 km (7.5 mi) northwest of the Troll C platform. Main targets were in Jurassic sandstones.

05/27/2014

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