Hydro establishes Brent reserves at Troll

A well drilled below the oil and gas producing formations on the Troll field in the UK North Sea has proved the presence of additional oil deposits in the Brent formation. Hydro says that the opportunities for commercial exploitation of the Brent formation oil are encouraging, given that the find is situated close to existing installations on the Troll field.
Aug. 23, 2005

Offshore staff

A well drilled below the oil and gas producing formations on the Troll field in the UK North Sea has proved the presence of additional oil deposits in the Brent formation. Hydro says that the opportunities for commercial exploitation of the Brent formation oil are encouraging, given that the find is situated close to existing installations on the Troll field.

Further analyses, delineation drilling and production testing must be carried out to obtain secure data regarding the expected volume of additional reserves and recovery rate.

The well was drilled by theWest Venture rig in the area northeast for Troll C platform. The well was drilled at a depth of 341 m and down to 2,055 m below sea-level. The West Venture rig will now drill a new production well on Troll Oil.

The find is the fourth made this year by Hydro as a Norwegian Continental Shelf operator.

08/23/05

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