Statoil Completes Another Appraisal Well at Johan Sverdrup (Norway)

Statoil has completed another appraisal well in PL265 in the Johan Sverdrup discovery, off Norway, together with partners Petoro, Det norske oljeselskap and Lundin Petroleum.

“We are satisfied with the results of our appraisal programme in PL265 part of Johan Sverdrup in 2012. We have proven new volumes to Johan Sverdrup in the Geitungen segment, and drilled two important appraisal wells in the central and southern parts of the licence”, says Gro Haatvedt, senior vice president Exploration Norway.

“In 2013 we will continue appraising the discovery, and plan to drill from one to three new wells in PL265.”

The well encountered a 30-metre gross oil column in Upper-Middle Jurassic reservoir rocks, of which about 20 metres were of very good reservoir quality, as expected. The oil/water contact was encountered at the same depth as in the neighbouring wells.

This is the tenth exploration well in production licence 265, which was awarded in the North Sea round in 2000.

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January 3, 2013