Petro-Canada Norge AS, operator of production licence 375, has completed the drilling of wildcat well 34/4-11, located 15 km northwest of the Snorre field in the northern North Sea.

The objective of the well was to prove petroleum in the Brent group in Middle Jurassic rocks, and in the Dunlin group and the Statfjord formation in Lower Jurassic rocks.

The well proved oil in the Brent group and in the Statfjord formation. The estimated size of the discovery is between 7 and 40 million standard cubic metres of contingent resources. Further appraisal will be needed.

The well was drilled to a vertical depth of 4296 metres below the sea surface, and was terminated in Late Triassic rocks.

(Press release)

Rolleiv Solholm