Statoil ASA (NYSE: STO) said Feb. 13 that it is completing the drilling of wildcat well 2/4-22 S.

The well was drilled about 20 km north of Ekofisk Field in the North Sea’s southern portion.

The well will prove petroleum in reservoir rocks in the Rotliegend group and the Bryne Formation.

In the Rotliegend group, the well hit a 27-m oil column with 24 m of sandstone. In the Byrne, it hit oil columns in two intervals.

The well was drilled to a 4,834-m vertical depth in 67 m of water, and will be plugged and abandoned. It was drilled by Maersk Gallant, which will now drill exploration well 2/4-23 in the same production license. The 2/4-22 S well is the ninth in the 146 production license, the Stavanger, Norway-based company said.

Preliminary estimates predict that there could be between 0.7 MMcm and 2 MMcm of recoverable oil equivalents.

Data acquisition and sampling have been carried out.

Offshore