Statoil Petroleum has made a new oil and gas discovery in production licence 50 in the southern part of the Gullfaks Sor field in the Northern North Sea.

The company drilled well 34 / 10-52 A and sidetrack 34 / 10-52 B using the Derpsea Atlantic drill rig at depths of 3,440m and 3,580, respectively.

The wildcat wells were drilled and terminated at the Drake Formation in the middle Jurassic sandstone. < /p>

The wells confirmed an oil and gas column of 120m and preliminary estimates of the size of the discovery range are between 500,000 and 1.5 million cubic metres of recoverable oil equivalent.

Statoil has not conducted data acquisition and sampling and plans to tie-in the discovery to an existing infrastructure in the Gullfaks area.

The well will be temporarily plugged for reuse later and the rig will proceed to shore for modification work, then continue production drilling on Gullfaks Sor.