Operator Statoil and its partners in the Brugdan-2 exploration well offshore the Faroes have been left with little to show for their efforts after re-entering the hole, first drilled in 2006, and ending up with a confirmed dry hole.
Atlantic Petroleum, one of the partners in the well in license 006 and operated by Statoil, said the well reached a depth of 4,542 m (14,897 ft) and was “operationally challenging.” No hydrocarbons were found, according to Atlantic, with the well to be plugged and abandoned after being drilled in a water depth of 460 m (1,598 ft).
Drilling was restarted on the 6104/21-2 well originally targeting a four-way dip Tertiary closure previously drilled in 2006 with the 6104/21-1 well.
Neither well managed to penetrate the Vailsa sandstone target, Atlantic indicated.
Statoil operates the 006 license with a 35% interest, with its drilling partners being Atlantic Petroleum (1%), ExxonMobil (49%) and OMV (15%).
Recommended Reading
US Expected to Supply 30% of LNG Demand by 2030
2024-02-23 - Shell expects the U.S. to meet around 30% of total global LNG demand by 2030, although reliance on four key basins could create midstream constraints, the energy giant revealed in its “Shell LNG Outlook 2024.”
CERAWeek: LNG to Play Critical Role in Shell's Future, CEO Says
2024-03-19 - Sawan said LNG will continue to play a critical role adding that LNG currently makes up around 13% of gas sales but was expected to grow to around 20% in the coming 15 to 20 years.
Liberty Energy CEO: NatGas is Here to Stay as Energy Transition Lags
2024-03-27 - The energy transition hasn’t really begun given record levels of global demand for oil, natural gas and coal, Liberty Energy Chairman and CEO Chris Wright said during the DUG GAS+ Conference and Expo.
Tinker Associates CEO on Why US Won’t Lead on Oil, Gas
2024-02-13 - The U.S. will not lead crude oil and natural gas production as the shale curve flattens, Tinker Energy Associates CEO Scott Tinker told Hart Energy on the sidelines of NAPE in Houston.
Vopak Consortium Selected to Operate New LNG Terminal in South Africa
2024-01-10 - Vopak, in a partnership with Transnet Pipelines, was selected to develop and operate an LNG terminal at the Port of Richards Bay in South Africa for 25 years.