Statoil to drill Porcupine basin prospect off Ireland


By the OGJ Online Staff


LONDON, Mar. 9�Transocean Sedco Forex Inc.'s drilling rig Sovereign Explorer will spud the first exploration well on the Sarsfield prospect on the Irish continental shelf for Statoil AS late this spring, the Irish unit of the Norwegian state-owned oil and gas confirmed said Friday.

Sarsfield is on exploration block 35/21 in the Porcupine basin west of Ireland in 650 m of water. An earlier well drilled for Statoil in the area, in Connemara field, suggested the prospect would not be "profitable" to develop.

TSF's semisubmersible is scheduled to arrive at the field in May to begin what currently is viewed as a one-well program.

A 3D seismic program was shot over the block in the summer of 1998.

Partners in exploration license 8/95, which covers five area blocks, are operator Statoil, Conoco Inc.'s North Sea E&P arm Conoco UK, Enterprise Energy Ireland Ltd., and Dana Petroleum PLC. Statoil said it would be releasing a full breakdown of the coventurers' percentage interests "in the coming weeks."

Meanwhile, Statoil reported that an exploration well drilled on the Delta structure south east of the Barents Sea Snøhvit field has come up dry. The hole was drilled to prove oil in the Jurassic sandstone of the Block 7121/5 structure.

TSF's Transocean Arctic semisubmersible drilled the hole to 2,265 m TD into the Triassic.

"Only traces of oil and gas in the Jurassic and Triassic sandstone layers were proven," said Erik Henriksen, Statoil's exploration manager for the Barents Sea.

"The result was disappointing, and the possibility of developing the petroleum resources in the Snøhvit area has been weakened," he acknowledged.

Statoil collected around 60 m of core samples and logged the well extensively. Statoil is the operator for production license 110 in block 7121/5, one of seven licenses in the Snøhvit area.

Related Articles

Sinopec reveals Fuling field production capacity goals

03/25/2014 Sinopec plans to develop Fuling shale gas field in southwestern China to a production capacity of 10 billion cu m (bcm)/year by 2017, the company s...

Santos brings Peluang gas development on stream

03/24/2014

Santos Ltd., Adelaide, has started natural gas production from its Peluang development offshore the Indonesian island of Java.

Baker Hughes: US drilling rig count drops to 1,803

03/21/2014 After consecutive weeks of significant gains, the US drilling rig count lost 6 units to 1,803 rigs working during the week ended Mar. 21, Baker Hug...

Cenovus gets AER approval for Grand Rapids oil sands project

03/21/2014 Cenovus Energy Inc. reported that it has received approval from the Alberta Energy Regulator (AER) for its wholly owned Grand Rapids thermal oil sa...

Careers at TOTAL

Careers at TOTAL - Videos

More than 600 job openings are now online, watch videos and learn more!

 

Click Here to Watch

Other Oil & Gas Industry Jobs

Search More Job Listings >>
Stay Connected