Drilling blow for Tullow in Norway

One of the Norwegian exploration prospects in which Irish-founded company, Tullow Oil, has a significant interest, has been partially abandoned after its chief operator found no evidence of hydrocarbons from exploratory drilling.

Swedish exploration and production company, Lundin Petroleum said yesterday that its subsidiary, Lundin Norway, had completed the drilling of a ‘wildcat’ well on the Carlsberg Prospect in the North Sea, off the Norwegian coast, to no avail.

“The exploration well 7/4-3 was targeting the Upper Triassic and Upper Cretaceous reservoirs of the Carlsberg prospect. The well encountered no hydrocarbons and is being plugged and abandoned as a dry hole,” Tullow, which has a 40% stake in the Carlsberg prospect, said yesterday.