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Brage exploration well finished

March 16, 2005, 15:30 CET

Hydro has concluded drilling its Idun exploration well on the Brage field in the North Sea. No hydrocarbons were found in the well.

The well (31/4-12) was drilled north-east of the Brage field at a sea depth of about 207 meters by the drilling rig, "Deepsea Trym."

The goal of the exploration well was to find additional reserves on the Brage field. The well was drilled into a prospect of sandstone from the late Jurassic period. Drilling concluded in underlying rock that is part of the so-called Fensfjord formation.

The well was drilled to a total depth of 2,200 meters before it was plugged and abandoned.