Talisman and Det Norske find oil in the Lilleulv prospect in the Varg Field
2008.06.26 -
Field Development
"Additional reserves in Varg are important in order to extend the life of the field. This is only the last in a line of discoveries resulting from an aggressive depletion strategy from field partners," states CEO of Det norske, Erik Haugane.
The license partners have already decided to produce the new discovery via existing installations on the Varg Field, following a fast-track approval from Norwegian authorities.
The well was not formation-tested, but extensive data collection and sampling were carried out. The water depth at the site was 84 m, and the well was drilled as a sidetrack from an existing Varg well. This well was the ninth exploration well in Production License 038, which was awarded as a supplement to the 3rd Licensing Round in 1975.
Well 15/12-20 S was drilled by the jack-up rig Mærsk Giant, which will now drill a new production well on the Varg Field.
Partners in Production License 038 are operator Talisman Norge AS (65%), Petoro (30%), and Det norske (5%).
PA Resources AB has signed an agreement with the shareholders to acquire the entire share capital of the British oil exploration company Scotsdale Ltd. The company is focusing on low risk exploration in North West Europe. The acquisition means that PA Resources increases its presence in the North Sea with licenses in the United Kingdom and Denmark, and potentially also in the Netherlands.
Aker Exploration has entered into agreements with the international oil company Eni Norge to acquire ownership interests in two licenses in the vicinity of the Åsgard field. The agreements further strengthen Aker Exploration’s position in the Norwegian Sea.
SCAN Geophysical ASA (SCAN) today announced that the company is
remobilising its seismic vessel, M/V Geo Searcher, to re-commence a previously-suspended
2D project offshore Pakistan for BP.
The Norwegian Petroleum Directorate (NPD) has granted ENI Norge AS a drilling permit for wellbore 34/12-1 in the North Sea.
Eni has successfully drilled the last appraisal well, encountered approximately 127 metres (419 ft) of net pay in multiple sands. The initial analysis indicates good reservoir quality.
