Preliminary estimates of the discovery size show 100-180 million bbl of oil in place and 25-50 million bbl of oil recoverable, with further potential to be evaluated. Extensive data capture and fluid sampling has been conducted in the well. Tie-in of Kayak to the Johan Castberg discovery will be assessed (OGJ Online, Apr. 27, 2016).
“Efforts will be made to find a commercial solution for the Kayak discovery towards the Johan Castberg license and to bring out other similar prospects in the Barents Sea,” commented Jez Averty, Statoil senior vice-president for exploration, Norway and the UK.
“There may be additional resources in this structure, and we will now analyze the acquired data and consider possible appraisal of the discovery,” he added.
Statoil has 50% interest in PL532 alongside Eni SPA 30% and Petoro AS 20%. Kayak is the eighth exploration well on the license, which was awarded in Norway's 20th licensing round in 2009.
Songa Enabler will now return to PL 849 in the Barents Sea to complete drilling of the Blamann well, or 7121/8-1, where Statoil Petroleum AS is operator. Statoil also plans to begin work at Gemini North as early as July 10.