VNG Norge’s Blink well in the Norwegian Sea has failed to find hydrocarbons, according to partner Faroe Petroleum.
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Image from VNG Norge. |
The well, 6406/12-5S, was drilled 27km south west of the Njord field to test the hydrocarbon potential of the Upper Jurassic reservoirs analogous to the Pil, Bue, Boomerang and Draugen field reservoirs.
Pil, Bue and Boomerang could be potential tie-backs to the Njord facility, but it is in need of a life-time extension to tie-in new resources. Statoil is planning to disconnect and tow the Njord to shore in Q2 2016 for works for the Njord Future Project, which includes the Njord, Hyme and Snilehorn fields. The Njord future project fields are planned to start production in 2019.
Faroe is also seeing progress on the Butch field, operated by Centrica, which passed concept selection as a subsea tie-back to Ula. And the firm said full-year production guidance has been increased to 9500-10,500 b/d.
Graham Stewart, CEO of Faroe Petroleum commented: “Whilst the results of the Blink well, the last in this year’s campaign, are disappointing we look forward to advancing the options for monetizing the significant combined Pil, Bue and Boomerang discoveries, on which the Blink well result has no bearing.”
Faroe is planning to drill three exploration wells in 2016, one frontier exploration well in the Barents Sea and two near field exploration wells, one in the Norwegian North Sea and the other in the Norwegian Sea.
The first well in early 2016 will be the giant Kvalross exploration well (Faroe 40%) in the Barents Sea operated by Wintershall.
The first nearfield well is the Norwegian North Sea Brasse exploration well (Faroe 50%) expected to be drilled mid next year. Brasse will test a structure immediately to the south of the Brage field and if successful could be tied back to Brage (Faroe 14.3%) or alternatively to Oseberg, a similar distance to the west. In addition, the Njord partnership (Faroe 7.5%) led by operator Statoil is planning to drill a new prospect, on the North Flank of Njord, in close proximity to the main field.
The Dazzler well in the Barents Sea, which was previously expected to be drilled in 2016, is now expected in 2017.
“Despite the disappointing well results on the Blink prospect, the Pil, Bue and Boomerang discoveries constitute a large oil and gas accumulation and together one of the most significant new discoveries and pending development projects in Norway in recent years,” says Faroe. “Their location, in close proximity to infrastructure and to Njord and Draugen, represents additional strategic significance. Work will proceed with planning of the Pil area field development (Faroe 25%). A large amount of data has been acquired during this year’s drilling campaign, which will be used to revise the recoverable resource ranges, which currently stand at between 80- 200 MMboe for Pil and Bue and 13-21 MMboe for Boomerang. The combined discoveries have the potential to be either a standalone development or a tie-back to either the Njord field (Faroe 7.5%) or the Draugen field.”
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