No Oil at Lotos’ Skagen Prospect (Norway)

No Oil at Lotos' Skagen Prospect (Norway)

The Polish energy company LOTOS Exploration & Production Norge is about to complete drilling operations on the Skagen prospect, its first operated exploration well on the Norwegian Continental Shelf.

No hydrocarbons were encountered, and the well will be plugged and abandoned as a dry well. Exploration drilling on the Skagen oil prospect in production licence 498 in the North Sea began on 9 November.

Located about 32 kilometres north-west of the Ula field, this 7/8-7 S well is being drilled by the Maersk Guardian jack-up.

Lotos is the operator with a 25 per cent holding, while partners Edison, Skagen44 and North Energy each have a 25 per cent interest.

Offshore Energy Today Staff, December 17, 2012