KORPFJELL – 7435/12-1

KORPFJELL – 7435/12-1

Meet the candidates: STATOIL / PL859  Barents Sea 2017

The primary exploration target for the well was to prove petroleum in Middle Jurassic to Late Triassic reservoir rocks (Stø, Tubåen and Fruholmen formations). The secondary exploration target was to prove petroleum in Late to Middle Triassic reservoir rocks (Snadd and Kobbe formations).
Well 7435/12-1 encountered a 34-metre gas column in the Stø formation, of which 28 metres were in sandstone with good to very good reservoir quality. The gas/water contact was proven 580 metres below the sea surface. In the secondary exploration target in the Snadd formation, aquiferous sandstone layers with moderate reservoir quality were encountered. Sandstones with poor reservoir quality were encountered in the Kobbe formation, of which some sandstone layers contained gas.
Link to press release

Exploration Innovation Prize

“The Exploration Innovation Prize will be awarded to a license group, company, team or individual who during the last two years have given a courageous and innovative contribution in exploring for oil and gas on the NCS.  The recipient has matured and drilled a prospect that can be defined as high risk and high potential. The prospect must have been drilled, but can be classified as dry, technical discovery or commercial discovery”.
The Programme Committee for the conference NCS Exploration – Recent Discoveries has selected ten worthy candidates amongst wells that were drilled in 2016 or 2017.
“A true wildcat, with very limited well control, but a valid geological concept …
The candidates are (in alphabetical order): Boné (Eni), Brasse (Faroe), Cara (Engie), Filicudi (Lundin), Kayak (Statoil), Koigen Central (Statoil), Korpfjell(Statoil), Salander (Statoil), Zumba (Tullow) and Ørnen (Lundin).
The exploration community is now – until April 2nd, encouraged to vote for their favourite candidate, upon which the programme committee will select three candidates for a final vote.

“The well was drilled successfully up-flank and proved oil and gas that are very likely to be a commercial discovery
The winner of the Exploration Innovation Prize will be announced during the conference dinner May 23.

Official sponsor of the Exploration Innovation Prize