Independent oil and gas company Faroe Petroleum announced the Cassidy exploration well in the Norwegian North Sea will be plugged and abandoned following 'disappointing' results.The well 8/10-7S within the PL405 Oda licence encountered 13 meters of water bearing Jurassic Ula formation sandstones, Faroe said. Data acquisition has been undertaken. The well was drilled to a measured depth of 3,100 meters using the Mærsk Interceptor rig and will now be plugged and abandoned as planned…
Subscribe
