Hydro announces Gas/condensate find in Njord area

As operator of exploration and production licenses 107 and 132, Hydro is close to concluding the drilling of exploration well 6407/7-7S in the Njord area in the North Sea. There are proven gas/condensate reserves in the well.

The well is located about five kilometers northwest of the Njord A platform on the so-called Njord Northwest Flank.

The point of the well was to prove petroleum in Jurassic reservoir rock. The size of the find is estimated at between one to six billion standard cubic meters recoverable gas and between 0.5 to 2.5 million Sm3 recoverable condensate. The well was not production tested, but significant data collection and core samples have been done.

The well is the seventh exploration well in license 107. The license was awarded in 1985 in the 9th concession round. The latest well was drilled to a vertical depth of 3,646 meters beneath the surface of the sea and concluded in Lower Jurassic. The sea depth was 334 meters. The well will now be permanently plugged and abandoned.

Well 6407/7-7S was drilled by the rig Transocean Winner, which will now continue drilling branch well 6407/7-B-1 Y1H on the Northwest Flank.