Bridge, the Oslo Børs and AIM listed oil and gas exploration and production company has announced that Wintershall, the operator of the PL511 Licence, offshore Norway, is about to wrap up drilling operations in the area.
According to Bridge, which owns a 7.5 per cent interest in the licence containing the Mjøsa gas prospect, in the Norwegian Sea, reservoir quality sandstones have been encountered.
Preliminary well results indicate uncommercial gas volumes; however further interpretation from the ongoing data acquisition programme will provide additional detailed analysis on the prospect. Wintershall Norge AS, as operator of PL511, will complete the drilling operations before the well is plugged and abandoned.
The well is being drilled by the Transocean Arctic semi-submersible rig. The well was spud in mid-April this year.
Wintershall holds a 25% interest with other partners Maersk Oil Norway AS (25%), Petoro AS (20%), Tullow Oil Norge AS (10%), and VNG Norge AS (12.5%).
Related:
Wintershall to Use Transocean Arctic Rig for PL 511 Drilling
Offshore Energy Today Staff, June 11, 2013