DONG shelves plans for high-pressure well offshore Denmark

Dec. 28, 2012
DONG Energy and its partners have decided against drilling an appraisal well on the Svane gas field in the Danish North Sea.

Offshore staff

COPENHAGEN, Denmark -- DONG Energy and its partners have decided against drilling an appraisal well on the Svane gas field in the Danish North Sea.

Svane is at a subsurface depth of 5.5-6 km (18,045-19,685 ft), and at a pressure of 1,200-1,300 bar (17,404-18,855 psi), approaching the limit of current drilling technology.

The partners had announced plans for the program nearly three years ago, at an anticipated cost of DKK 0.6 – 0.9 billion ($107-160 million).

DONG operates the surrounding 04/98 license, which expires on Jan. 1, 2013. The other partners are Bayerngas Danmark, Nordsøfonden, and VNG Danmark.

12/27/2012

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