Faroe Petroleum, the independent oil and gas company focusing principally on exploration, appraisal and production opportunities in the Atlantic margin, the North Sea and Norway, announces that drilling has reached target depth on the Centrica-operated Butch South West exploration well 8/10-6S which follows up the Butch East well and the Butch Main discovery.
The Butch South West exploration well 8/10-6S spudded in early June 2014 and reached total depth of 1,945 metres in the Permian Zechstein salt formation. The well targeted sandstones of the Upper Jurassic reservoir of the Ula formation and whilst a good quality reservoir was confirmed with a 55 metre gross section, no hydrocarbons were encountered.
The Butch South West drilling operations were undertaken by Centrica using the Maersk Giant jack-up drilling rig, together with the other joint venture partners Suncor Norge AS and Tullow Oil Norge AS. Well 8/10-6S will now be plugged and abandoned.
The operator is currently working on a development plan for the significant Butch Main discovery, with concept selection expected in early 2015.
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