Capricorn Norge strikes out southeast of Norne field

STAVANGER -- Capricorn Norge AS, operator of PL 758, has completed the drilling of wildcat well 6508/1-3.

The well was drilled about 6 km southeast of Norne field and 200 km northwest of Brønnøysund.

The objective of the well was to prove petroleum in Lower Jurassic reservoir rocks (the Åre formation).

Well 6508/1-3 encountered about 170 m of alternating layers of sandstone, claystone and coal in the Åre formation, of which a total of nearly 50 m of sandstone with very good reservoir quality. There are no traces of petroleum in the well, which is classified as dry.

Data acquisition has been carried out.

This is the first exploration well in PL 758. The license was awarded in APA 2013.

The well was drilled to a vertical depth of 1663 m below the sea surface, and was terminated in the Åre formation in the Lower Jurassic. Water depth at the site is 390 m.

The well will now be permanently plugged and abandoned.

Well 6508/1-3 was drilled by the Transocean Arctic drilling facility, which will now drill wildcat well 6608/11-9 in PL 842 in the Norwegian Sea, where Capricorn Norge AS is the operator.