STAVANGER, Norway -- Statoil exploration well 6104/21-1 off the Faroe Islands was P&A'd as noncommercial.
Drilled by theStena Don to 4,201 m TD in 480 m of water, the well found traces of gas.
"We are obviously disappointed that the drilling did not reveal commercial volumes of hydrocarbons, " says Rúni M. Hansen, vice president for Statoil Færoyene.
"A positive aspect is that the well has given us useful knowledge about drilling in volcanic sub-basalt rock. That will be helpful in future exploration off the Faroes."
The partners in licence 006 are Statoil (27.15%), Dong (21.91%), Anadarko (13%), Enterprise Oil (Shell) (12.47%), Amerada Hess (11.09%), BG group (10.31%), Faroe Petroleum (4.04%), and Atlantic Petroleum (0.03%).