New appraisal drilling has commenced on the giant Johan Sverdrup oilfield discovery offshore Norway to further improve reservoir knowledge.
Operator Statoil has spudded the 16/2-19 well in PL265, which is targeting a northern sector of the giant field.
According to partner Lundin Petroleum the new well is designed to investigate the presence of a Jurassic horizon and to test reservoir thickness quality and distribution on the northeastern edge of the field.
Drilling is taking place with the Ocean Vanguard semisubmersible at a location 2.2 km
(1.4 miles) north of a previous appraisal well, 16/2-12, and 3.2 km (2 miles) southeast of the 16/2-9S appraisal well.
Statoil is operating the well with 40% equity, partnered by Lundin, Petoro, and Det norske oljeselskap.
Recommended Reading
Sources: Citadel Buys Haynesville E&P Paloma Natural Gas for $1.2B
2025-03-13 - Hedge fund giant Citadel’s acquisition includes approximately 60 undeveloped Haynesville locations, sources told Hart Energy.
After Big, Oily M&A Year, Upstream E&Ps, Majors May Chase Gas Deals
2025-01-29 - Upstream M&A hit a high of $105 billion in 2024 even as deal values declined in the fourth quarter with just $9.6 billion in announced transactions.
Will TG Natural Resources Be the Next Haynesville M&A Buyer?
2025-03-23 - TG Natural Resources, majority owned by Tokyo Gas, is looking to add Haynesville locations as inventory grows scarce, CEO Craig Jarchow said.
ConocoPhillips to Sell Interests in GoM Assets to Shell for $735MM
2025-02-21 - ConocoPhillips is selling to Shell its interests in the offshore Ursa and Europa fields in the Gulf of Mexico for $735 million.
Howard Energy Partners Closes on Deal to Buy Midship Interests
2025-02-13 - The Midship Pipeline takes natural gas from the SCOOP/STACK plays to the Gulf Coast to feed demand in the Southeast.