Small North Sea Oil Discovery Could Realize Visund North Devt

A small oil discovery has been made by StatoilHydro in the Titan prospect directly east of northern Visund in the Tampen area of the Norwegian North Sea.

Made by exploration wells 34/8-13 A and 34/8-13 S, this strike is estimated to contain 5.6-12.5 million recoverable barrels of oil equivalent. A tie-in to Visund will be assessed. The wells were drilled by the Scarabeo 5 semisub. "Although it's only a small find, the volumes proven could be very significant for realizing a Visund North development," explained Visund operations head Tom Karsten Gustavsen. Intended to prove petroleum in the Brent group, the discovery wells were drilled in a structurally complex area. While 13 A found a small oil column in Upper Jurassic sands, the underlying Brent group proved to be an aquifer. Well 13 S, drilled 2.7 kilometers to the southeast, found oil in the Brent group.

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