Project Profile
Location: Norwegian sector of the North Sea
Reserves: 75.5 million barrels of oil
Water Depth: 369 m
Licence status: Inactive since February 2016
The Titan discovery is believed to hold about 75.5 million barrels of oil equivalent, based on preliminary estimates from the previously drilled well. The Titan field is located on Block 35/9 in the Norwegian sector on the North Sea in a water depth of 1,211 feet (369 metres). In December 2010, RWE Dea discovered oil in the 35/9-6 S well on the Titan prospect using the Bredford Dolphin semisub. The well proved petroleum over a gross column of more than 1,427 feet (435 metres) in the Viking group, as well as in the Brent and Dunlin groups. The reservoir rocks vary in reservoir quality and thickness, as well as different pressure regimes, and water contact was not encountered. Small-scale formation tests showed variable flow properties, and preliminary estimates place the size of the discovery between 12.5 and 62.8 million barrels of recoverable oil equivalent. To determine the exact size and extent of the discovery, the operator will have to appraise the find.
Operators:
DEA Norge AS: Operator with 30% interest
ENGIE E&P Norge AS: 20% interest
Idemitsu Petroleum Norge: 20% interest
Capricorn Norge AS: 20% interest
Edison Norge AS: 10% interest
Contractors:
AGR: Drill exploration wells
Dolphin Drilling: Drilling rig
Ocean Rig: Drilling of a wildcat at the Atlas prospect in the Norwegian North Sea using the Ocean Rig semi-submersible Leiv Eiriksson
Aptomar: Contract to deliver its Clean To Operate (CTO) service to support drilling activities of DEA Norge on the Titan field. The service offers 24/7 monitoring, documentation and reporting of any oil spills. (July, 2015)