Det norske has discovered gas in license PL 438 where Lundin Norway AS is the operator. Det norske holds a 10 percent share in the license.
Drilling of exploration well 7120/2-3 is about to be concluded. The well is situated approximately 25 kilometers north of the Snøhvit Field, in the southern part of the Barents Sea.
The well´s primary objective was to prove hydrocarbons in reservoir rocks in the Kolmule formation (Chalk) and the Stø formation (Jurassic).
Gas was proven in three separate zones; a 95-meter column in Kolmule, gas in Knurr and gas in Stø. The well has proven gross contingent resources of 2,5 – 8 billion standard cubic meters (Sm3). Potentially there are further prospective gas and oil resources down-dip in the thicker sands of Knurr, and up-dip in northern segments of Stø.
The licensees in PL438 are considering further appraisal drilling to determine its commercial potential.
Exploration well 7120/2-3S is the first well in PL438. The license was awarded in TFO 2006.
The sea depth is 312 meters. The well is now being permanently plugged and abandoned.
Well 7120/2-3S was drilled by Transocean Leader, which now will move to PL265 in the Norwegian North Sea to commence drilling of the Aldous Major South exploration well 16/2-8. Det norske holds a 20 percent share in PL265, Statoil ASA is the operator.
Det norske is the second-largest operating company on the Norwegian Continental Shelf both considering number of operatorships, exploration- and drilling activity. The aggressive exploration program is the largest an independent Norwegian company has ever conducted on the NCS. Det norske runs its activities in a safe and responsible manner in close cooperation with the authorities. Det norske will in 2011 participate in over 10 drilling operations as partner or as operator.
Det norske currently employs a staff of around 200. The company`s registered office is located in Trondheim. The company also has offices in Oslo, Harstad, and Stavanger. Det norske is listed on the Oslo Stock Exchange (DETNOR).