Discovery in Aldous appraisal well

October 18, 2011, 09:15 CEST

Drilled by Transocan Leader drilling rig, appraisal well 16/2-10 has proven an oil column  in a range between 50 and 55 metres in Jurassic sandstone.

Statoil has earlier communicated preliminary volumes for the Aldous structure in PL 265 to be between 400 and 800 million barrels of recoverable oil equivalent.

Statoil will present updated volume estimates when the well data have been fully analysed.

Appraisal well 16/2-10 is located 4.2 kilometres north of discovery well 16-2/8 in the Aldous Major South structure on the Utsira Height in the North Sea.

Well 16/2-10 is the seventh exploration well in the licence. Aldous Major South is located in PL 265 where Statoil is operator (40 percent) and the partners are Petoro (30), Det norske oljeselskap (20) and Lundin (10).

Aldous Major South