Oil find in Svale

May 29, 2001, 16:30 CEST

Statoil has proven oil in an appraisal well drilled in the Svale structure in the Norwegian Sea. The find confirms previous reserve estimates and can strengthen the case for development of this reservoir.

Project manager for Svale, Kjell Sirnes, says that the intention of the well, which proved oil in a Jurassic sandstone layer, was to help determine the extent of the reservoir and its flow properties.

“We’ve taken core samples and carried out extensive logging of the well. The results, which will be available in one month, will form the basis for a new evaluation of the reserves in the structure,” he says.

The Svale structure was proven in May 2000. Plans calls for the development of Svale as a satellite linked to the production ship on the Norne field.

Well 6608/10-7 was drilled by the Borgland Dolphin rig. The Norne field and the Svale structure lie in production licence 128, about 175 kilometres off the coast of mid-Norway.