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  • VNG Hits Pay at Pil Sidetrack in PL586, Norwegian SeaData analysis
    Exploration, Others

    Faroe Petroleum announced that VNG has encountered an 80m gross pay at the Pil sidetrack well (6406/12-3 B) in PL586, Norwegian Sea. The well was drilled to a total depth of 3,996m.

    The sidetrack was drilled to appraise additional hydrocarbons along the Pil structure and down-dip from the initial discovery well. Results based on extensive coring, wireline logs and pressure data show that the well has encountered oil in the Upper Jurassic reservoir of the Rogn Formation.

    A second side-track well will be spud soon to test the separate Bue Prospect, which has the potential to add further volumes to the Pil discovery.

    PL586 ownership: VNG (30%, operator), Spike Exploration (30%), Faroe Petroleum (25%) and Rocksource (15%).

    View Faroe Petroleum press release

    View Faroe Norwegian Sea Portfolio

    The preliminary estimate of recoverable resources at the Pil discovery is between 50 MMBOE and 170 MMBOE. The discovery well (6406/12-3 S) has been plugged back to the 20” casing shoe from where the sidetrack starts.

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