Spudded on Falk
A wildcat was spudded by Statoil this weekend on the Falk structure about 20 kilometres north-east of its Norne field in the Norwegian Sea.
Well 6608/11-2 is intended to provide information on a possible connection between the unexplored Falk area and the earlier Svale discovery.
"We're unsure about the delineation of this structure," explains Roger Inge Johansen, sector manager for exploration in the Nordland area of the Norwegian Sea. "Falk could be a small, isolated structure or it may be linked with Svale."
The latter would be the best outcome, he says, because it would enhance the economics of developing Svale – proven last spring and thought to contain roughly 100 million barrels of recoverable oil.
This find is being considered for production as a satellite tied back to the Norne ship. A plan for development and operation could be ready in the second quarter of 2001, with oil starting to flow in 2003.
Being drilled from the West Navion ship, the Falk wildcat is expected to take just under a month to complete – although that period will be extended by 10-15 days in the event of a discovery for sampling and possible testing.
Statoil has 40 per cent of production licence 128, with the state's direct financial interest (SDFI) holding 25 per cent, Norsk Hydro 13.5 per cent, Agip 11.5 per cent and Enterprise 10 per cent.