Statoil uninspired at Volve

Dry wells: the Maersk Inspirer at the Volve field

A pair of delineation wells intended to prove up additional resources in the vicinity of Statoil’s Volve field in the Norwegian North Sea failed to deliver the goods for the state-owned operator.

The main 15/9-F-1 probe and 15/9-F-1 A sidetrack, drilled between the Sleipner West and East fields, were targeting a Middle Jurassic reservoir in the Hugin formation in the north-west part of Volve.

After missing the mark with the initial well, Statoil drilled the sidetrack that hit a 47-metre zone in the Hugin formation with poor reservoir quality and the prospect has been classified as dry, according to the Norwegian Petroleum Directorate.

The pair, drilled in a water depth of 91 metres by jack-up Maersk Inspirer, have now been permanently plugged an abandoned.

Statoil earlier this year revealed it had doubled remaining reserves at the Volve field after making a discovery on its north-west flank that found between 8.8 million and 9.4 million barrels of oil, prolonging the life of the field that started producing in 2008.

The company is carrying out near-field exploration work in the vicinity of its producing fields to tap additional resources from potential marginal finds that can be economically exploited as tiebacks to existing infrastructure, thereby maximising utilisation of its facilities.

Operator Statoil holds a 59.6% stake in Volve with partners ExxonMobil (30.4%) and Bayerngas (10%).

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