Offshore staff
OSLO, Norway -- Statoil has completed drilling on the Cocuina-2X well, as part of a three-well exploration campaign on block 4 of Plataforma Deltana offshore eastern Venezuela.
The well, which lies 240 km (149 mi) from the Orinoco Delta, was drilled to a TD of 3,406 m (11,175 ft). The well confirmed dry gas in the three intervals tested. The potential of block 4 will be confirmed when the exploration program is completed.
"Statoil sees the completion of Cocuina as the first achievement on this exploratory campaign," says Thore E. Kristiansen, president of Statoil Venezuela.
The rig is being moved to the next well location, Ballena-1X, to drill in 350 m (1,148 ft) water depth, the deepest water ever drilled in offshore Venezuela.
Statoil won operatorship of the Plataforma Deltana block 4 license in 2003. The company holds 51% interest in the block, with Total holding the remaining 49%. PDVSA Gas has the option to participate up to 35% once a commercial discovery has been declared.
1/2/2007
