North Sea Drill in T-Rex Project Disappoints

Press Release
Sunday, March 11, 2012

Maersk Oil  finishes drilling in the T-Rex prospect in the Norwegian Sea, to abandon site

The well found thinner than expected oil-bearing sands of reservoir quality at two intervals in the Lower Cretaceous target horizons and was not tested for production. It was drilled to a vertical depth of 4,157 metres below sea level and will be permanently abandoned.

“While the result of T-Rex is disappointing, we have gathered a large amount of data that we will analyse to understand the wider implications and decide on further activities in the license,” said Morten Jeppesen, Managing Director of Maersk Oil in Norway.

The well is the first to be drilled in the license, which was awarded in the APA Licencing Round in 2006. Maersk Oil took over operatorship in 2009.

“Drilling operations in the Norwegian Sea this winter have been very demanding due to extreme weather conditions. Despite this, operations on T-Rex, which is Maersk Oil’s first operated well in Norway, have been conducted in a safe and efficient manner which gives us experience that we can build on in future exploration wells,” Jeppesen said.

Maersk Oil will drill its next operated well at the Albert prospect in Production Licence 513 later in the year.

Maritime Today


The Maritime Industry's original and most viewed E-News Service

Maritime Reporter May 2016 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Offshore

Mermaid Maritime Bags Subsea Contracts, Delays Newbuilding

Thailand’s Mermaid Maritime said it has been awarded a number of subsea contracts in the Middle East with a total worth of $11million.   It has also reached

Hercules Offshore Filing for Bankruptcy Again

Hercules Offshore Inc said it planned to file for prepackaged Chapter 11 bankruptcy, just six months after the rig contractor emerged from bankruptcy protection.

DONG Energy Listing to Value Group at up to $16 Bln

DONG Energy's has set a potential $16 billion price tag on its stock market debut, giving investors a chance to buy into the growth in offshore wind power, but

Energy

Strike In France: Implications for Tanker Demand

After the oil industry suffered from a severe drought in Venezuela, forest fires in Canada and rebel attacks on oil installations in Nigeria, it is now facing

Floating Storage Flattens Fortunes of $50 Crude

The prices of WTI and Brent crude briefly rose above $50/bbl during intraday trading on Thursday, the highest level seen since the end of July 2015, giving traders a brief moment of optimism,

GloMEEP Project Forges Ahead with Train-the-Trainer Workshop

A global Train-the-Trainer workshop on energy efficiency has been delivered in China (23-27 May), preparing the personnel needed to cascade knowledge on energy

Fuels & Lubes

WSS: Post-combustion Fuel Treatment Cuts Vessel Costs, Risk

Wilhelmsen Ships Service, a provider of products and services to the shipping industry, is advising vessel operators to wage war on soot. According to WSS, soot

EGAS: Egypt to tender for 10 LNG Cargoes

Egypt will tender next week to import 10 cargoes of liquefied natural gas (LNG) for delivery in July and August, an official from the state gas company, EGAS, said on Thursday.

ABB Saves 700,000 tons Fuel for Marine Vessels

ABB’s environmental friendly Azipod propulsion system brings greater fuel efficiency to diverse shipping segments ABB today announced the total fuel savings

 
 
Maritime Careers / Shipboard Positions Maritime Security Maritime Standards Offshore Oil Pipelines Port Authority Salvage Ship Repair Ship Simulators Winch
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.0823 sec (12 req/sec)