STAVANGER, Norway -- StatoilHydro has concluded wildcat well 6608/10-12 and is in the process of concluding appraisal well 6608/10-12 A. Both wells encountered oil in the Åre formation.
The wells proved oil in Early Jurassic rocks (the Åre formation), and the oil-water contact was encountered in the appraisal well. A 110-m (361-ft) oil column was encountered. The preliminary estimate of proven recoverable resources is between 4 and 8 MMcm of oil, the company says.
Neither of the wells was production-tested, but extensive data collection and sampling have been carried out. StatoilHydro is considering developing the discovery in connection with the Norne field.
The semisubmersibleOcean Vanguard drilled the wildcat well to a vertical depth of 3,158 m (10,361 ft) below the sea surface. The appraisal well was drilled to a vertical depth of 2,931 m (9,616 ft) below the sea surface. Both wells were concluded in rocks from the Early Jurassic Age (the Åre formation).
Water depth at the site is 334 m (1,096 ft).