Aker BP has concluded the drilling of wildcat well 24/12-7. Credit: Norwegian Petroleum Directorate.

Aker BP has made two minor oil discoveries in the Norwegian North Sea by drilling exploration wells at production licences 1041 and 906.

According to the Norwegian Petroleum Directorate (NPD), the company has concluded drilling the wildcat well 24/12-7 in production licence 1041 after drilling to a measured vertical depth of 2,275m below sea level.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

Related Company Profiles

View all

The well is situated about 17km south-west of the Bøyla field, and 230km west of Stavanger.

Its primary exploration target was to prove petroleum in the reservoir rocks from the Palaeocene in the Hermod Formation. The well encountered a 38m oil column in sandstone of 20m, with ‘very good to extremely good reservoir properties’.

Additionally, the oil/water contact was confirmed at 2,132m below sea level, with pressure points.

In the secondary exploration target, the well encountered 34m of aquiferous sandstone in the Heimdal Formation, with good reservoir properties.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

According to preliminary estimates, the discovery holds around 0.8 million standard cubic metres (Sm³) of recoverable oil equivalent.

However, Aker BP and its partners assessed this discovery as non-commercial and the well has been permanently plugged and abandoned.

Aker BP operates the production licence 1041 with a 55% stake. Other partners include Neptune Energy Norge (30%) and Lundin Energy Norway (15%).

NPD also announced that Aker BP and its partners have made a minor discovery at the wildcat well 7/11-14 S located in production licence 906.

Under preliminary estimates, the discovery holds between 0.7 and 1.5 million Sm³ of recoverable oil equivalent.

Currently, the discovery is considered to be non-profitable by the partners.