Titan yields oil close to Gjøa

RWE Dea Norge has discovered oil in the Titan prospect in the Norwegian North Sea, 16 km (9.9 mi) west of the Gjøa field.

Offshore staff

HAMBURG, Germany – RWE Dea Norge has discovered oil in the Titan prospect in the Norwegian North Sea, 16 km (9.9 mi) west of the Gjøa field.

Well 35/9-6 S was drilled in production license PL 420 by the Bredford Dolphin. It proved petroleum (mainly oil) in a 435-m (1,427-ft) column in the Heather formation, the mid-Jurassic (Brent group), the Drake formation, and the Cook formation.

The company adds that reservoir levels in the well are in different pressure regimes, and no hydrocarbon-water contact was encountered.

Small-scale formation tests (mini-DST) revealed variable flow properties. Preliminary estimates suggest reserves of 2-10 MMcmoe (70.6 – 353 MMcfoe, although the final size and extent of the discovery will have to be determined by appraisal drilling.

This was the first exploration well on the license, which was awarded in February 2007 under Norway’s APA 2006 licensing round.

The well was drilled to TVD of 3,664 m (12,021 ft) and terminated in Upper Triassic rocks. Water depth at the site is 370 m (1,214 ft). The well will be plugged and abandoned.

RWE Dea Norge Managing Director Hugo Sandal said: “We’re very pleased about making another discovery that looks promising, but it’s too soon to draw any firm conclusions until an appraisal well has been drilled. We also believe there is further exploration potential in the license."

12/07/2010

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