Statoil and Husky come up dry off Newfoundland

Statoil and Husky come up dry off Newfoundland

Norway’s Statoil and its partner Canada’s Husky Energy have come up empty in a two-well drilling campaign offshore Newfoundland, according to Reuters.

The wells, drilled by the Seadrill ultra-deep-water semi-submersible rig West Aquarius, are in the Flemish Pass basin about 500km offshore St John’s.

They are in the tieback vicinity of Statoil’s 2013 Bay du Nord find, for which the Norwegian firm estimates 300 million barrels of recoverable oil.

In making the announcement on Monday, Statoil said the result was “disappointing” and that it would evaluate the result before deciding on any other drilling near to Bay du Nord.

Donal Scully

With 28 years experience writing and editing for newspapers in the UK and Hong Kong, Donal is now based in California from where he covers the Americas for Splash as well as ensuring the site is loaded through the Western Hemisphere timezone.

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