Engie Spuds North Sea Wildcat
Tuesday 19 July 2016
French company Engie has spudded an exploration well in production licence 636 in the Norwegian North Sea.
The company revealed the semi-submersible Transocean Arctic had commenced drilling on the Cara wildcat on Monday, targeting both oil and gas.
The exploration well lies in roughly 350 metres of water and is expected to take about 41 days to drill and a further 25 days to carry out a drill stem test to assess the size of the reservoir if a discovery is made.
The prospect lies about six kilometres from the Gjoa field and Engie said, if a commercial find is made, it could potentially be tied back to its operated Gjoa platform.
“The results from Cara will increase our understanding of the Gjoa area, which is one of our core areas on the Norwegian Continental Shelf," Engie E&P managing director Cedric Osterrieth said.
Engie operates PL 636 with a 30% stake and is partnered by Idemitsu on 30%, along with Tullow Oil and Wellesley Petroleum which each hold a 20% share in the licence.