Statoil spuds Bister in Norwegian Sea

Statoil spudded the Bister exploration well 6407/8-7 in the Norwegian Sea, says Aberdeen-based exploration firm Faroe Petroleum.

Map from Faroe.

The Bister prospect is in production license 348/C, which also contains the producing Hyme field and the 2013 Snilehorn discovery. The license is adjacent to the producing Njord field (Faroe 7.5%) with Statoil as the operator of both PL348 and Njord. 

Well 6407/8-7 will be targeting oil and gas in the Jurassic, Ile, Tilje and Åre formations (analogous to the Hyme oil field and Snilehorn reservoirs). There is a seismic amplitude anomaly on the Bister prospect of a similar character to the anomalies on both the Snilehorn discovery (estimated gross recoverable resource range of 57-101 MMboe) and the Hyme field. There is also evidence of a pressure barrier between Snilehorn and Hyme, which contributes towards the de-risking of the Bister prospect.

The Bister exploration well, in about 260m water depth, is being drilled using the Transocean Spitzbergen semisubmersible drilling rig with partners GDF SUEZ E&P Norge AS (20%), E.ON E&P Norge AS (17.5%), Core Energy AS (17.5%) and VNG Norge AS (2.5%).  

Graham Stewart, Chief Executive of Faroe Petroleum says: “This is the second well in our 2015 exploration program, following the successful completion of the Shango discovery earlier this month. During the coming months we also expect to start drilling the first of two follow-up wells at the significant Pil discovery (Faroe 25%) on the Blink and Boomerang prospects.”

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