Rigzone is reporting:
The
Norwegian Petroleum Directorate reported Monday that Statoil has
drilled a dry well north of the Fram field in the North Sea.
The NPD said that Statoil is in the process of concluding the drilling
of the wildcat well (35/11-16S).
The well was drilled approximately 3.5 miles north of the Fram field in
the northern North Sea, and around 80 miles northwest of Bergen.
It was
drilled from production license 248C with the exploration target
situated in license 090B. Its objective was to prove petroleum in Upper
Jurassic reservoir rocks.
I doubt these wells are inexpensive.
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