Garantiana Prospect Indicates Hydrocarbons Presence (Norway)

Garantiana Prospect Indicates Hydrocarbons Presence (Norway)

Det norske oljeselskap ASA, has as partner in PL 554 (20 percent), received indication of hydrocarbons presence in the Garantiana prospect,where Total E&P Norge AS is the operator.

Drilling operations in the reservoir section are still at an initial phase and the final results are thus not yet available.

The well is being drilled by using the Borgland Dolphin semi-submersible drilling rig. The well targets are stacked Jurassic/Triassic reservoirs. The unrisked mean potential targeted by the well is estimated as 18 million barrels net to Bridge.

Det norske has 20% interest in the well. Total is the operator with 40% and the other partners are Bridge Energy ASA (20%) and Svenska Petroleum (20%).

Offshore Energy Today, September 07, 2012

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