Drilling Rig Strikes Oil Again in Barents Sea

Press Release
Thursday, March 08, 2012

ENI drills deep appraisal well in Barents Sea, encounters gas & oil columns

ENI has successfully drilled the appraisal well 7220/5-1 in the Skrugard discovery field 200 kilometres off the Norwegian coast.The well was drilled at a water depth of 388 metres, reaching a total depth of 1,740 metres at a site located approximately 3 kilometres from the Skrugard-1 discovery.

A gas column of about 25 metres and an oil column of 48 metres was encountered in the Middle - Lower Jurassic reservoir, Stø & Nordmela Formations. Intensive data collection and sampling have been carried out in the well-bore and the results show a reservoir of excellent quality.

The aim of the appraisal well was to prove the hydrocarbon extension in the middle section of the Skrugard structure. Estimates confirm that Skrugard holds at least 250 million barrels of recoverable oil and approximately 10 billion standard cubic metres of associated and free gas. Together with the Havis field, discovered at the beginning of this year 7 kilometres south-west Skrugard in the PL532 license,  recoverable oil reserves are now over 500 million barrels. These will enable the license partners to carry out an efficient development plan and to rapidly put resources into production.

During the year Eni plans to carry out further exploration activities in the Barents Sea ,  where the company will drill the Bønna prospect in the PL 529 license area and the Salina prospect in the PL 533 license area as the Operator. In autumn 2012, Eni will also start drilling 22 production wells for the Goliat project.

Eni is the only Company along with Statoil to be present in all three commercial oil discoveries in the Barents Sea. With Goliat, Skrugard and Havis in its portfolio, Eni now has a 30-year outlook for its activities in the Barents Sea developing a strong foothold in the early phase of a high potential oil province on the Norwegian continental shelf .

Maritime Today


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

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

Offshore

MOL Signs Long-Term Charter with Uruguayan JV for FSRU

Japanese shipping company Mitsui O.S.K. Lines, has, through its wholly-owned subsidiary Lakler S.A., agreed to conclude a charter contract with Gas Sayago, for

Migrants Survivors Tell of Struggle at Sea

The bodies of 21 women and one man were brought ashore to Sicily on Friday as fellow migrants described scenes of panic and violence when water poured into their dinghy.

Three Keppel Dredgers for Jan De Nul

Keppel Offshore & Marine Ltd (Keppel O&M)'s wholly owned subsidiary Keppel Singmarine Pte Ltd (Keppel Singmarine) has secured contracts from Jan De Nul Group to

Energy

Los Angeles Pushes for Valero Terminal Improvements

The Port of Los Angeles has released an Initial Study/Notice of Preparation (IS/NOP) — the first step in the Environmental Impact Report (EIR) process — for a Marine

Canada Seek to contain Oil Spill

Authorities are building a new containment boom to fight an oil spill in a major western Canadian river, officials said on Saturday, after the spill breached a

Ecuador Pays $112 mln Award to Chevron

Ecuador has paid $112 million to energy company Chevron Corp over a four-decade-old contract dispute, even though it remains in disagreement, the head of the central bank has said.

Arctic Operations

Eni Cancels Vessel Deal with Viking Supply Ships

Viking Supply Ships A/S (VSS) has received an early termination notice of the contract for the Ice-class 1A AHTS “Njord Viking”. The vessel has been working for

More Chinese Ships to Use Arctic Route

China will send more ships flying its flag to take the Northwest Passage via the Arctic Ocean to cut travel times between the Atlantic and Pacific oceans, says the state news agency Xinhua.

Ice algae: The Engine of Life in the Central Arctic Ocean

Algae that live in and under the sea ice play a much greater role for the Arctic food web than previously assumed.    In a new study, biologists of the Alfred Wegener Institute,

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Security Maritime Standards Naval Architecture Offshore Oil Pod Propulsion Salvage Shipbuilding / Vessel Construction Sonar
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: 0.0886 sec (11 req/sec)