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Wednesday, August 24, 2011

Statoil Unlocks Third Gullfaks Discovery in 2011

- Statoil Unlocks Third Gullfaks Discovery in 2011

Wednesday, August 24, 2011
by SubseaIQ

An exploration well and a sidetrack currently being completed by Statoil near Gullfaks South have yielded the third discovery made in the Gullfaks license so far this year.

"This confirms yet again that infrastructure-led exploration is important and yields highly commercial finds which can be brought on stream quickly," said Tom Dreyer, exploration head for the northern North Sea.

"We regard the area around Gullfaks South as prospective and the find confirms our faith in the area. Even though the volumes are modest compared with the large finds made off Norway earlier, this type of discovery is important for maximizing the potential on the Norwegian continental shelf, and contributes to extending the production life of installations."

The wells were intended to prove petroleum in Middle Jurassic reservoir rocks of the Brent group, and whether communication exists with the producing structures in Gullfaks South. Wells 34/10-52 A and B were drilled by Deepsea Atlantic, which will proceed to shore for modification work after completing this operation

Oil- and gas-bearing intervals were observed in the upper part of the Brent group along both well paths, and a column about 120 meters thick with good reservoir quality was proven.

No hydrocarbons were found in the lower Brent group. The wells have not been formation tested, but data were collected and cores taken to determine the hydrocarbon system and contacts.

Preliminary calculations indicate that 3 to 9.5 million barrels of recoverable oil equivalent are present, which are planned to be tied back to existing infrastructure in the Gullfaks area.

The two other discoveries made so far this year in the Gullfaks license are Rutil and Opal.

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