11 June 2010
ERN has participated in drilling the 6507/5-6S exploration well on the Snadd prospect located approximately 2 km west of the large Skarv development in the Norwegian Sea.
The well was drilled by the semi-submersible drilling rig Borgland Dolphin, which is also used for drilling the Skarv-Idun field development wells. The well discovered gas and although production testing was not undertaken extensive data collection and samplings were undertaken. The results are now being analysed as a basis for further plans. The Norwegian Petroleum Directorate has issued a preliminary estimate of reserves indicating gross reserves ranging between 8 and 14 billion standard cubic metres (Sm3) of recoverable gas as well as 1.6 to 3 million standard cubic metres of recoverable condensate.
"This is very encouraging news. The proximity to the Skarv field should enable a relative simple development as Snadd can also use the Skarv FPSO production facilities. It demonstrates the prolificity of the Skarv area which is very positive with respect to futher exploration drilling in the area. The partnership will now evaluate the results studying development options", says Haakon Haaland, managing director of E.ON Ruhrgas Norge.
E.ON Ruhrgas Norge holds a 28% share of the discovery which is operated by BP.