Petrolia’s subsidiary, Petrolia Norway AS, has announced that drilling of exploration well 26/10-1 in PL674BS, offshore Norway, has started.
The well will investigate the hydrocarbon potential of the Zulu prospect in PL674BS, located 100 km west of Stavanger on the Norwegian west coast and approximately 30 km northeast of the Johan Sverdrup discovery.
The main objective of well 26/10-1 is to test the reservoir properties and hydrocarbon potential of Miocene aged sandstones of the Utsira Formation in the Patch Bank Ridge. Operator Lundin Petroleum estimates the Zulu prospect to have the potential to contain unrisked, gross prospective resources of 153 million barrels of oil (MMboe).
The planned total depth is 1,020 metres below mean sea level and the well will be drilled using the semi-submersible drilling rig Island Innovator. According to the company, the drilling is expected to take approximately 25 days.
Petrolia Norway holds 35 per cent working interest in PL674BS. Partners Lundin Norway, operator, and E.ON E&P Norge holds 35 and 30 per cent working interest respectively.