|
|
|
|
|
|
|
|
|
-
-
- Get the latest oil & gas news
-
-
-
- Offshore Directory will be launched in October!
-
- Weekly news summary - over 30,000 subscribers
-
|
No on Nieuwendijk
 After drilling to total depth on its Dutch onshore Nieuwendijk well Northern Petroleum indicated that results did not warrant further testing.
Northern said the well reached a depth of 2677 m (8,780 ft) after penetrating Bunter sandstone.
“Encouragingly significant oil shows to surface and substantial drilling fluid losses occurred during the drilling of this section,” Northern stated, but added: “These have been evaluated by electric logs and pressure tests, the results indicating the probability that the levels of oil saturations are not sufficient to warrant significant costs of testing.”
Results from the well will be fed into work on further evaluation of the Ottoland and Brakel fields, Northern said, while it is also in talks with third parties over possible reuse of the wellbore for geothermal applications, given the bottom hole temperature of the well is around 90° Centigrade, which could be exploiting for domestic heating in the densely populated area near the well site.
“This is an interesting fall back of commercial potential for depleted and unsuccessful wells drilled in this densely populated region,” Northern indicated.
Meanwhile the company is to concentrate on development of its six Dutch onshore fields, Brakel, Geesbrug, Grolloo, Ottoland, Papekop and Wijk en Alburg, which together are estimated to contain 45.5 m boe net to Northern.
After modifications, the same land rig used for the Nieuwendijk well will be mobilised for the Geesbrug field, where it will be used for a hydraulic fraccing operation, and then at the Tiendeveen gas prospect, targeting an in-place gas volume of 67 Bcf.
Derek Musgrove, Northern's managing director commented: “I note a good operational performance was achieved using a new rig drilling its first well. No injuries or lost time accidents occurred and it was a remarkably successful effort for our first use of drilling with casing technology. A European record was achieved, which we plan to exceed at Tiendeveen this summer.”Advertisement
 Siem WIS, a company 60% owned by Oslo-listed Siem Offshore, has landed a co-operation contract with StatoilHydro in connection with the development of its Riser Pressure Control Device (RPCD) technology for an unspecified amount. [Les mer ] • Contracts
 Aker Solutions won convincing approval from its shareholders, at an extraordinary general meeting, for the oilfield services group to go ahead with the controversial NOK 1.7 bn ($263m) raft of asset purchases from industrial group Aker ASA. [Les mer ] • Company news
 Sevan Marine has revealed that US financial institution Luxor Capital says it now controls 28% of the Norwegian oilfield services group, after having exercised its right to buy 24 million convertible bonds. [Les mer ] • Financial
 Olso-listed PetroMena has announced it is aware that Singapore-based Sembcorp Marine has accepted the bid for the disputed newbuild PetroRig I drilling unit from New York Stock Exchange-listed Diamond Offshore Drilling. [Les mer ] • Company news
 Shtokman Development AG has spelled out the details of two other offshore tenders related to the giant Barents Sea project which involve the field's flowlines and service lines and risers. [Les mer ] • Contracts
 Russian suppliers jockeying for position to win work from the Shtokman project have been told by the head of the development company behind the project that they can expect to be involved long term for up to 70 years. [Les mer ] • Field development
|
Shell to pay out over Nigeria caseOil giant Royal Dutch Shell PLC is to pay out £9.7m ($15.5m) to settle a lawsuit over its alleged complicity in the 1995 execution of several Nigerian environmental activists, the UK Press Association and British media reported.
Full story |
Company news
|
|
|
|
|
|