Norske Shell Makes Gas Discovery

21 June 2009 (Last Updated June 21st, 2009 18:30)

Shell Norway (Norske Shell), has discovered gas at a North Sea well after completing drilling. The company, which is the operator of production licence (PL) 326, said that the well 6603/12-1 was drilled in 1,376m of water. The objective of the well was to prove petroleum in

Shell Norway (Norske Shell), has discovered gas at a North Sea well after completing drilling.

The company, which is the operator of production licence (PL) 326, said that the well 6603/12-1 was drilled in 1,376m of water.

The objective of the well was to prove petroleum in upper Cretaceous reservoir rocks in a prospect called Gro.

Preliminary estimates indicate between 10 and 100 billion standard cubic metres (Sm3) of recoverable gas, the company said.

The well encountered a 16m gas column in the upper Cretaceous, in a reservoir of varying quality, the company said.

The licencees in PL 326 are owned by GDF SUEZ E&P Norge with 10%, StatoilHydro Petroleum with 40% and Norske Shell with 50%.