Norway well slot: Four exploration wells active

Norway well slot: Four exploration wells active

As of 28 February, Westwood Global Energy reports that there are four exploration wells active on the NCS. Two exploration well programmes completed in January, both as a dry holes. The Ginny and Hermine well has also been announced as dry and completed in February.

Neptune spudded the 35/9-16 S Hamlet exploration well adjacent to Gjoa Field with the Deepsea Yantai semi sub. The well is targeting the Lower Cretaceous Agat Formation and is understood to be an extension of the 35/9-3 discovery that was drilled in 1997 and discovered gas in the Upper Cretaceous Kyrre Formation and oil and gas in the Lower Cretaceous Agat Formation. The well was scheduled for Q3/Q4 2020 but got deferred to 2021 following the Covid-19 pandemic and has been deferred again to 2022. The well has a 45-day dry hole duration and tie-back to Gjoa is expected if an economic discovery is made.