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Results from the drilling of wells 35/9-14 and 35/9-14 A testing the Tethys prospect in the North Sea

Released

Oslo March 26th, 2018

 

Spirit Energy has made a small oil discovery in exploration well 35/9-14 in the license PL 682. The well is located on the Måløy Slope in the northern North Sea, 66 km west of Florø and 6 km northwest of the Gjøa Field. 

The aim of the wells was to prove petroleum in the Upper Jurassic reservoirs of Oxfordian age and to undertake a comprehensive sampling programme should a discovery be made.

The well encountered 20 meters of hydrocarbon bearing poor quality sandstone of Oxfordian age in the Heather Formation.

A down-dip sidetrack found 30 meters of sandstone with hydrocarbon shows, but again the reservoir quality was poor and below expectations.

Extensive data acquisition and sampling has been carried out in both wells and work will now be carried out to evaluate the data acquired and integrate with the existing geological understanding to update the interpretation of the Tethys discovery and other prospects in the area.

Well 35/9-14 is classified as a technical oil discovery. Well 35/9-14 A is dry with shows.

The wells were drilled with the semi-submersible drilling rig Songa Enabler, and are the first wells in the PL 682 licence.

Arne Westeng, director of Spirit Energy said: «Although the overall result of wells 35/9-14 and 35/9-14 A is disappointing, the wells confirm that the stratigraphic trapping mechanism for the prospect works. This is encouraging for further exploration of the upper Jurassic in this part of the North Sea. The data acquired will be valuable to further develop our understanding of reservoir quality distribution which is critical for maturation of the remaining upper Jurassic prospectivity in the area. »

This is the first of 8 exploration wells Spirit Energy Norge AS will participate in in 2018, 4 of these as operator.

Spirit Energy Norge AS is the operator of PL 682 with a 30% working interest. The partners are Capricorn Norge AS with 30%, Wellesley Petroleum AS with 20 % and Petoro with 20%.

For more information, please contact:

Arne Westeng

Director

Spirit Energy

 

Tlf: +47 404 49 102

e-mail: arne.westeng@spirit-energy.com

 

Facts about Spirit Energy:

 

·         Spirit Energy Limited was newly founded through the merger of Centrica E&P and Bayerngas Norge on the 8th of December 2017

·         Among the largest independent oil and gas companies in Europe, with a production of approx. 50 mmboe per year, 2P reserves of 409 mmboe and 2C resources of 216 mmboe.

·         Business in the UK, Norway, the Netherlands and Denmark.

·         28 fields in production and over 70 exploration licenses.

·         More than 700 employees, of whom about 180 in Norway. Owned by Centrica plc (69%) and Bayerngas Norway's former shareholders, with Stadtwerke München and Bayerngas GmbH in the lead (31%).

·         The 9th largest producer on the Norwegian Shelf with a daily production of 95 000 boe from twelve fields

·         For more information on Spirit Energy, see our website www.spirit-energy.com

Updated