Statoil has two Tampen area oil strikes

June 9, 2006
Statoil ASA, operator of Production License 050, reported two oil discoveries in the Tampen area of the North Sea.

By OGJ editors
HOUSTON, June 9 -- Statoil ASA, operator of Production License 050, reported two oil discoveries in the Tampen area of the North Sea.

Exploration well 34/10-49 and a sidetrack probed five targets—Epidot, Alun, Spinell, Sølvkåpe, and Apollo—in Cretaceous and Jurassic sandstones.

The deepest borehole, 34/10-49 S and B, bottomed in Early Cretaceous rocks 5,480 m beneath the seabed.

The 34/10-49 A sidetrack extended for 3,312 m and made the discoveries in Middle Jurassic Epidot and Alun sands.

Lars Christian Bacher, senior vice-president for the Tampen cluster, estimated combined reserves at 15 million bbl of oil equivalent.

Statoil said the discoveries could be tied back to Gullfaks field 5 km to the northeast.

The 34/10-49 well will be plugged. Diamond Offshore's Ocean Vanguard semisubmersible, which drilled the well, will move to the Norwegian Sea to drill Statoil's Valkyrie prospect.

Statoil has a 61% interest in PL 050. Petoro AS has 30%, and Norsk Hydro Produksjun AS has 9%.