Eni's Boné exploration well in the Barents Sea is being plugged and abandoned after finding only water.
The Boné well was drilled by the Scarabeo 8 semisubmersible drilling rig to a total depth of 3501m and encountered about 106m of gross water bearing reservoir.
The well was drilled about about 320km northwest of Hammerfest in about 418m water depth.
License PL716 was awarded to Faroe in June 2013 in the Norwegian 22nd Licensing Round together with co-venturers Eni Norge (30% and operator), Bayerngas Norge (20%), Petoro (20%) and Point Resources (10%).
Graham Stewart, CEO of Faroe Petroleum, said: “While we are disappointed that no hydrocarbons were present in the Realgrunnen section at this frontier location, the well provides important new data and information which will allow further evaluation of this extensive license in the Barents Sea province.
“Our 2017 drilling program continues with plans progressing well for the appraisal of the 2016 Brasse discovery this summer, which will be operated by Faroe. We are also maturing a number of exciting new drilling targets in Norway with potential to take advantage of the continuing low drilling costs."
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