Further gas find at Fulla

Appraisal drilling has proven further gas and condensate at the Fulla field in the Norwegian North Sea.

May 19th, 2009

Offshore staff

ABERDEEN --Appraisal drilling has proven further gas and condensate at the Fulla field in the Norwegian North Sea.

Operator StatoilHydro discovered Fulla in February in production license PL 352/035B, close to the abandoned Lille Frigg field.

According to partner Dana Petroleum, the discovery came in a lower Brent group reservoir. The latest well, a sidetrack drilled by the semisubmersibleTransocean Leader, encountered gas in the upper part of the Brent group (Tarbert formation). Water depth was 111 m (364 ft).

Although the latest well was not tested, there was extensive data collection and sampling. Proven volumes for the two wells are estimated at 60-105 MMboe. The partners are considering development via a tie-back to nearby infrastructure.

05/19/2009

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