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Maersk Oil completes drilling Albert well in Norway 

Maersk Oil has finished drilling the 6506/6-2 exploration well on the Albert prospect in Norway. The well, drilled in Production License 513 in the Norwegian Sea, encountered no sign of hydrocarbons.
The purpose of the well was to prove hydrocarbons in the Lower Cretaceous Lysing Fm.  The well encountered sandstone with reservoir quality as expected, however without signs of hydrocarbons. It was drilled to a total vertical depth of 3325 m below sea level and is currently being plugged and abandoned.


“We will now analyse the data from the well and review our exploration strategy for the Norwegian Sea in light of the results,” said Morten Jeppesen, Managing Director of Maersk Oil in Norway.
The well is the first to be drilled in the PL513 license, which was awarded in the APA Licensing Round in 2008.


Maersk Oil is operator of Production License 513 with 50% interest. Dana Petroleum is partner with 50% interest. During the drilling operation Maersk Oil signed an agreement with another company that will reduce Maersk Oil’s license equity to 35%. The transaction is pending Ministry approval.


For more information contact Morten Jeppesen, Managing Director of Maersk Oil in Norway, via the Communications department on +45 3363 3744.
 

About Maersk Oil in Norway
Maersk Oil began its activities in Norway in 2004 and currently holds 21 licenses in the North Sea and the Norwegian Sea. Maersk Oil is operator of six licences. It also participates in the giant Johan Sverdrup discovery, and in the RWE Dea operated Zidane gas discovery.

About Maersk Oil
Maersk Oil is an international oil and gas company with operated production of about 625,000 barrels of oil equivalent per day from Denmark, UK, Qatar, Kazakhstan, Algeria and Brazil. Exploration activities are ongoing in Angola, Norway, the US Gulf of Mexico, Kurdistan, Greenland and in the producing countries. Maersk Oil focuses on pioneering technologies and harnessing talent to continue to operate safely and successfully, creating value for partners and host governments. Maersk Oil and its subsidiary companies are part of the Danish A.P. Moller – Maersk Group. For more information about Maersk Oil, please visit our website at www.maerskoil.com