Disappointment for Tullow Oil in Norway

Exploration and production group has failed to find hydrocarbons at the Gotama well in offshore Norway

Tullow Oil, an independent oil & gas, exploration and production group, has failed to find hydrocarbons at the Gotama well in offshore Norway. Photograph: Reuters
Tullow Oil, an independent oil & gas, exploration and production group, has failed to find hydrocarbons at the Gotama well in offshore Norway. Photograph: Reuters

Tullow Oil, an independent oil & gas, exploration and production group, has failed to find hydrocarbons at the Gotama well in offshore Norway.

According to the company, which has interests in over 140 exploration and production licences across 24 countries, exploration at the well did not encounter reservoir quality sandstones in the Upper Jurassic main target.

“The well encountered reservoir quality sandstones in the secondary targets but these intervals are water wet.”

The well was drilled by the Borgland Dolphin semi submersible rig and is located approximately 12 kilometres northwest of the Troll C Platform and 120 kilometres northwest of Bergen. The well was drilled into the Lower Jurassic Cook Formation to a total depth of 3217 metres in water depths of 348 metres and will now be plugged and abandoned.

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Tullow operates the 550 licence with 80 per cent equity and is partnered by Det Norske (10%) and VNG Norge AS (10%).

Fiona Reddan

Fiona Reddan

Fiona Reddan is a writer specialising in personal finance and is the Home & Design Editor of The Irish Times