Noreco confirmed its North Sea wildcat well failed to return any hydrocarbons.
The Niobe exploration well is located near the Beatrice oil field in the Outer Moray Firth area just off Scotland’s north-east coast.
The Ensco 100 jack-up drilled the well under the P1889 licence.
The dry find has now been plugged and abandoned.
Norwegian Energy Company (UK) Ltd, a subsidiary of Norwegian Energy Company ASA, is partner in the licence with a current equity interest of 22.5%.