Drilling season 2017 has so far been a huge disappointment in Norway’s Arctic waters with one dry well following the other.
It started in May when Lundin Petroleum announced reduced resource estimates for the Gotha discovery after drilling of an appraisal well showed poor reservoir quality. Then Statoil followed with no oil discoveries at the Blåmann well in July, no oil at the Gemini North well in August, no oil at the Korpfjell prospect in September and now, Lundin announces yet another dry well at Børselv.
“The well encountered a 380 metres thick sequence of carbonates with medium to poor reservoir quality. Oil shows were found, but the reservoir was water bearing,” Lundin Norway reports in a note.
Lundin now moves the rig “Leiv Eriksson” to the Hufsa prospect, located south of the Børselv prospect northwest of Hammerfest in Finnmark region.
Related stories from around the North:
Canada: Test clean energy solutions in south before implementing them in Arctic communities: report, Radio Canada International
Finland: Nord Stream 2 applies for Finnish building permit to build gas pipeline, Yle News
Norway: Italian oil company ENI drills dry in the Barents Sea, The Independent Barents Observer
Russia: Chinese company confirms interest in trans-Arctic shipping to Arkhangelsk, The Independent Barents Observer
Sweden: Volvo to go all electric starting in 2019, Radio Sweden
United States: U.S. transportation secretary announces efforts to speed up project development in Alaska, Alaska Dispatch News