Statoil Fails to Find Oil Off Angola and GoM
Statoil has completed the Martin well in US Gulf of Mexico and the Dilolo well in the Kwanza basin in Angola.
Statoil has made a small discovery in its Martin prospect located in the Gulf of Mexico (GoM). Statoil does not consider this to be a commercial discovery. The well has been drilled efficiently and plug and abandonment operations (P&A) are now ongoing.
Once P&A operations are completed the Maersk Developer rig will move to the impact Perseus prospect in De Soto Canyon (DC) 231.
The Dilolo-1 exploration well in Block 39 offshore Angola in the Kwanza Basin was drilled to its pre-salt target.
The first drilling operation in Block 39 has now been completed. In this first well hydrocarbons were not encountered, but the operation did provide a valuable calibration for other prospects in the area.
Further studies are needed in order to fully understand the well results. The well is now in the process of being plugged and abandoned.
The Stena Carron drillship will soon move to Block 38 to spud the exploration well Jacaré-1.The Angolan pre-salt is a frontier play where Statoil will participate in eight commitment wells across five blocks.
Press Release, September 04, 2014
