Shell’s Portrush comes up dry

Shell’s Portrush prospect in the Norwegian Sea encountered no hydrocarbons and will be permanently plugged and abandoned, according to partner Faroe Petroleum.

Image of the Transocean Barents. From Transocean.

The objective section in the Upper Jurassic reservoir rocks (the Rogn and Melke formations) was encountered with a thickness of about 330m, and while 134m was reservoir sand, of variable quality, no hydrocarbons were encountered.

Well 6407/10-5 was drilled to a vertical depth of 2850m below sea level, and was terminated in the objective interval.  The water depth at the site is 336m. Once the data acquisition program has been completed, the well will be permanently plugged and abandoned.

This well was the first exploration well to be drilled in production license PL793, awarded in January 2015 (APA 2014) and is located in the Grimsan Basin, Haltenbanken, approximately 20km southwest of the Draugen field and less than 10km southeast of the Njord field.

The well was drilled ahead of schedule using the drilling facility Transocean Barents.

“Whilst the results of this well are disappointing, we were fortunate in that we have been able to take advantage of reduced rig rates and associated drilling costs, which coupled with the Norwegian tax rebate system, realized a significantly lower well cost, net to Faroe. Meanwhile drilling operations are continuing on the Pil/Bue follow-up program targeting upside in the Boomerang and Blink wells; Pil and Bue were significant discoveries announced in 2014, located in the same license,” Graham Stewart, chief executive of Faroe Petroleum said.

Shell spudded Portrush in August.

Norske Shell is the operator with 40% stake. Partners include Faroe (20%), VNG Norge (20%) and Petoro (20%).

Read more:

Shell spuds Portrush prospect in Norwegian Sea

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