Bridge
Energy
said
the
16/1-16A probe
drilled
by
semi-submersible
Bredford
Dolphin
to
further
appraise
an
earlier
well
had
confirmed
a
good
quality
reservoir
and
identified
the
oil-water
contact
after
being
drilled
to
total
depth,
with
data
assessment
ongoing.
The
company
estimates
recoverable
resources
at
the
discovery
on
the
prospective
Utsira
High
structure
in
production
licence
457
at
between
25
million
and
35
million
barrels
of
oil
equivalent,
with
further
potential
upside
outside
the
block.
The
initial
16/1-16
well,
the
first
to
be
drilled
on
the
licence,
had
struck
good
quality
oil
in
the
Middle
Jurassic
Hugin
and
Triassic
Skagerrak
formations.
Additional
prospects
in
the…