Dana Petroleum has announced the discovery of gas and condensate at the Fulla prospect offshore Norway. StatoilHydro Petroleum, as operator for production license 362/035B, has completed the drilling of Fulla with exploration well 30/11-7, located approximately 10km northeast of the Frigg field in the North Sea.
According to the company, the well discovered gas and condensate in Middle Jurassic reservoir sandstones in the Lower Brent group and extensive data collection and core sampling has been performed.
The well has proven recoverable volumes in the range of six million barrels of oil equivalent to 19 million barrels of oil equivalent.
The well was drilled to a vertical depth of 4,067m total vertical depth. The water depth at this location is 111m and the well, which was drilled by the West Alpha rig as a cost-sharing endeavor between production licenses PL035 and PL362, will now be temporarily plugged and abandoned.
The PL362/035B licenses have StatoilHydro as operator with 50% interest, Svenska Petroleum Exploration with 25% interest, Det norske oljeselskap with 15% interest and Dana Petroleum Norway with 10% interest.
Earlier in the last week of December 2008, Dana Petroleum announced that its wholly owned subsidiary, Dana Petroleum Norway AS, has been awarded interests in eight offshore blocks under four new Production Licences (PL) by the Norwegian Ministry of Petroleum and Energy. These awards have been made through the 2008 Norwegian APA Licensing Round, on the Norwegian Continental Shelf.
