Edison Comes Up Dry in First Well in Norway’s PL 616

Edison Norge AS has failed to discover any exploitable gas reserves after drilling seven kilometres southwest of the Valhall field and about five kilometres west of the Hod field in Norway’s North Sea.

‘This is the first exploration well in production licence 616. The licence was awarded in APA 2011’ reads the note released by Edison on Wednesday.

The primary exploration target for the well was to prove petroleum in Upper Cretaceous chalk rocks (the Hod formation). Well 2/11-11 encountered about 330 metres of reservoir rocks in the Hod formation with poor reservoir quality. The well is dry.

‘Well 2/11-11 was drilled to a vertical depth of 3388 metres below the sea surface and was terminated in the Hidra formation (Upper Cretaceous). Water depth at the site is 68 metres. The well will now be permanently plugged and abandoned.’ 

In January, Edison announced the execution of a put&call option agreement with Apache Beryl, which will allow the Italian company to reach an overall UK production of 6,500 barrel of oil equivalent per day.