Posted December 3, - 2012 by Eurasia Review
Total said Monday that its affiliate Total E&P Norge has made an
oil discovery in the Garantiana prospect located on Production License
554 (PL554) in the Norwegian North Sea, 185 kilometers northwest of
Bergen and 30 kilometers northeast of the Visund Field, at water depths
of 384 meters.
Total E&P Norge is operator of the license with a 40% interest,
other partners are Det norske oljeselskap ASA 20%, Bridge Energy Norge
AS 20% and Svenska Petroleum Exploration 20%.
Preliminary estimates place the size of the discovery between 25 and 75 million barrels of recoverable oil.
The wildcat well 34/6-2 S encountered oil in the Lower Jurassic Cook
Formation with good reservoir quality. A successful production test was
carried out on the well, with a flow rate of 4,300 barrels of oil per
day through a 28/64″ choke. A sidetrack (well 34/6-2 A) was then drilled
to appraise the discovery and allowed to identify an oil-water contact
in the formation.
The well on the Garantiana prospect is the first exploration well in
License 554. Other prospects are located in the immediate vicinity of
the discovery and are under evaluation. A second exploration well is
planned to be drilled in the area.
Total has increased its exploration activity in Norway in recent
years, drilling more wells on existing acreage, actively participating
in exploration rounds, and, in the case of PL554, farming in as
operator.
Commenting on the discovery, Patrice de Viviès, Total’s Senior Vice
President Exploration & Production for Northern Europe said: “This
oil discovery opens new perspectives in the area. The well, the test and
the sidetrack on Garantiana have given information which will allow us
to optimize the future exploration of the near-by structures and to
investigate the development solutions”.
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