The well was drilled about 33 km northeast of the discovery well, 16/2-6, on Johan Sverdrup in the central North Sea, and about 100 km west of Stavanger.
The purpose of the well was to prove petroleum in reservoir rocks in the Miocene (the Utsira formation). The well encountered a 24 m total gas column in the Utsira formation with excellent reservoir quality. The well was not formation tested, but data acquisition and sampling have been carried out. Preliminary calculations of the size of the discovery are between 1.5 and 4 billion standard cubic metres (Sm3) of recoverable oil equivalents.
This is the first exploration well in production licence 674 BS. On 28 October 2014, it was carved out from production licence 674, which was awarded in APA 2012. The well was drilled to a vertical depth of 995 m below the sea surface and was terminated in the Hordaland group. Water depth at the site is 140 m. The well will now be permanently plugged and abandoned.
Well 26/10-1 was drilled by the Island Innovator drilling facility, which is now moving on to drill wildcat well 16/1-24 in production licence 338 C, where Lundin Norway AS is the operator.
Adapted from a press release by David Bizley