Norske Conoco strike oil

Norske Conoco AS has made an oil discovery near the giant Heidrun field in the Norwegian sector of the North Sea. Exploration well 6507/7-13 proved the presence of oil in the Jurassic formation. An extended evaluation program was carried out to collect reservoir and geological data which included drilling a sidetrack hole, 6507/7-13A, to obtain core samples. The well was not drillstem tested but holds future interest due to its proximity to the Heidrun platform - some five miles (eight kilometers) to the south. The well was drilled vertically to 8,530 feet (2,600 meters), using the semi-submersible drilling rig "Maersk Jutlander." Drilling of 6507/7-13 began on Dec. 11, 2000, and was permanently abandoned on Jan. 21, 2001. Exploration license 095 was awarded to Norske Conoco in the Norwegian 8th round of offshore licensing in 1984. . Partners in the license are Norske Conoco, 20 percent (operator); Statoil, 75 percent (SDFI, 65 percent); and Fortum Petroleum AS, 5 percent.