Lundin Petroleum has come up dry on a wildcat well at the Storm prospect in the North Sea.
The company said it encountered hydrocarbons in the Cretaceous and Jurrasic reservoir sequences but not in “commercial quantities”.
The wildcat well 33/2-1 on PL555 is located 200km north west of Floro on the Norwegian west coast and 65km from the Snorre field.
A spokesman said the main objective of the well was to test the reservoir properties and hydrocarbon potential of the Upper Jurassic Sandstones equivalent to the reservoir in the Magnus field on the UKCS.
The well has since been plugged and abandoned after being drilled to a depth of 4,433 metres below mean sea level using the drilling rig Transocean Arctic.
Lundin Norway is the operator with a 60% working interest in PL555 while its partners are Bayerngas Norge with 30% and Fortis Petroleum with a 10% working interest.
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