Tullow Oil’s plans to go for gold near Statoil’s mammoth Johan Sverdrup discovery have come up dry.
Its wildcat well, which was 30 kilometres south of the Johan Sverdrup oil field in the central part of the North Sea and about 200 kilometres west of Stavanger, failed to encounter any hydrocarbons.
Well 16/5-6 was drilled to a vertical depth of 2319 metres below the sea surface and was terminated in rocks from the Triassic Age.
Water depth at the site is 98 metres. The well will now be permanently plugged and abandoned.
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