Asha Discovery Could Hold 35 mmboe, Bridge Energy Says (Norway)

Asha Discovery Could Hold 35 mmboe, Bridge Energy Says (Norway)

Wintershall Norge, operator of PL 457, is about to complete operations on the 16/1-16A sidetrack on the Asha discovery in PL 457 in the Norwegian North Sea, Bridge Energy has today reported.

The Asha discovery was made by the first wellbore, 16/1-16, encountering good quality oil in excellent reservoirs of the Middle Jurassic Hugin Formation and Triassic Skagerrak Formation. A sidetrack well, 16/1-16A, was then drilled to appraise the discovery and to identify an oil-water contact. The sidetrack well has now been drilled to its total depth confirming the good quality reservoir and an oil-water contact has been established. Data assessment is on-going.

The well was from the Bredford Dolphin semi-submersible drilling rig.

Taking account of the preliminary results of the sidetrack, Bridge estimates the size of the Asha discovery to be between 25 and 35 mmboe recoverable resources within PL 457, excluding potential additional volumes outside the licence. The Asha discovery well is the first exploration well in PL 457. Other prospects, located in the immediate vicinity of the discovery, are under evaluation. A second exploration well is planned to be drilled in the area.

 Tom Reynolds, CEO of Bridge Energy, commented:

 “I am very pleased to announce this significant oil discovery on the Asha prospect. The Asha discovery adds substantial resources to Bridge, and other prospects on the licence offer further upside potential. With this result, Bridge has made three commercial discoveries from four wells drilled in 2012 adding approximately 15 million barrels of oil equivalents to our resource base. This broadens the number of production growth options within our portfolio, and the Bridge team is now looking forward to working with our partners to examine future drilling targets and potential development options.”

Partners in the PL 457 licence are: Wintershall Norge AS, Operator (40%), Bridge Energy Norge AS (20%), E.ON E&P Norge AS (20%), VNG Norge AS (20%)

Press Release, December 20, 2012

Share this article

Follow Offshore Energy Today

One thought on “Asha Discovery Could Hold 35 mmboe, Bridge Energy Says (Norway)”

Comments are closed.

Events>

<< Oct 2019 >>
MTWTFSS
30 1 2 3 4 5 6
7 8 9 10 11 12 13
14 15 16 17 18 19 20
21 22 23 24 25 26 27
28 29 30 31 1 2 3

Executive Oil Conference & Expo 2019

Executive Oil Conference and Exhibition is a unique opportunity to meet with all of the region’s…

read more >

Oil & Gas Vietnam 2019

Oil & Gas Vietnam (OGAV) 2019 is the only specialized oil & gas event in Vietnam that brings together an international congregation of both upstream and downstream oil and gas companies and also its supporting industries gathered in the heart of Vietnam’s oil and gas industry in Vung Tau, to showcase the latest developments in the oil and gas industry.

read more >

Jobs>

Looking to fill a job opening?

By advertising your job here, on the homepage of OffshoreEnergyToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply

Looking to fill a job opening?

By advertising your job here, on the homepage of OffshoreEnergyToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply