Faroe Petroleum has confirmed that no hydrocarbons were found at its Butch South West exploration well.
Chief executive Graham Stewart said: “Whilst it is disappointing that the eastern and south-western flanks of the Butch salt structure have not added further resource, the focus of the joint venture is now turning to commercialising the Butch Main oil field.
“Plans to develop Butch Main are already advanced and we look forward to reporting further progress on this important oil field in the coming months.
“In the meantime, following a very busy period of exploration drilling for the company, we expect to announce the results of the Bue side-track exploration well in Norway in the coming days.”