The company and the Norwegian Petroleum Directorate said the drilling occurred in PL 586, which VNG Norge operates.
VNG Norge drilled exploration well 6406/12-3 A (Bue) some 2.1 km from 6406/12-3 S (Pil). The Bue well encountered an 18-m oil column in sandstones from the Rogn formation, with reservoir quality varying from good to very good, VNG said.
Pressure data indicates no communication between the discoveries in Pil and Bue. Preliminary calculations indicate Bue has 1-4 million standard cu m of recoverable oil and condensate.
Appraisal well 6406/12-3 B, drilled 1.7 km from Pil, encountered an 82-m oil column in Upper Jurassic reservoir rocks of good quality, VNG said. Resource estimates for Pil have been adjusted to 8.8-21.1 million standard cu m of recoverable oil and condensate and 2.7-6.1 billion standard cu m of recoverable gas.
The two wells, drilled by Transocean Ltd.’s Transocean Arctic semisubmersible rig in 324 m of water, were terminated in the Jurassic Melke formation. They were not production tested. Both will be permanently abandoned.
Atle Sonesen, VNG Norge managing director, said the company strongly believes there is a further upside in the license and may drill two more wells with the same rig in 2015.