Statoil reports oil find near Gullfaks field in North Sea

By OGJ editors

HOUSTON, Dec. 10 -- Statoil ASA's 34/10-48S wildcat well, drilled from the Gullfaks C platform in the North Sea, has discovered oil in the Topas prospect on Production License 120, about 3 km northeast of Gullfaks and 5 km south of Visund oil field.

Under water 217 m deep, the horizontal well is 7,393 m in total length and with TD of 2,849 m, terminating in Middle Jurassic rocks. It encountered oil in Middle Jurassic and Upper Triassic sands, the company said. Statoil logged the well extensively during the 102-day drilling operation and gathered core and mud samples.

Statoil said it might seek approval for Topas pilot production from Gullfaks facilities to assess the discovery's size and commercial value.

Statoil operates License 120, holding a 30.07% interest. Partners are Norsk Hydro AS 29%, Petoro AS 16.93%, Total SA 11%, and ConocoPhillips 13%.

Statoil also is operator for Gullfaks License PL 050, where it holds 61%, while Norsk Hydro holds 9% and Petoro 30%.

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