Project Profile
Value: Undisclosed
Location: Southern part of the North Sea
Drilling began: 2011/2012
The Clapton prospect is located in Production License 440S in the Norwegian sector of the North Sea. The Clapton prospect is formed on the edge of a salt induced structure referred to as the Mode Dome, previously explored in the 1980s. The main targets in the structure are the Upper Cretaceous Hod, Tor and Ekofisk formation, a proven reservoir in the Central Graben. The reservoir contains good flow properties through the matrix, as well as secondary fracture network development. In June 2012 Faroe announced the result of the Norwegian North Sea Clapton exploration well which was drilled on the side of the Mode Dome salt diapir (Faroe 40% and operator). Whilst the well encountered the primary chalk reservoir on prognosis, it did not contain hydrocarbons of producible quantities. Faroe has now relinquished the license.
Operators:
Faroe Petroleum Norge AS: Operator with 40% interest
Dana Petroleum Norway AS: 20% interest
Lundin Norway AS: 18% interest
Norwegian Energy Company ASA: 12% interest
Det norske oljeselskap ASA: 10% interest
Contractor:
Maersk Drilling: Drilling Contract