As reported by operator Repsol Norge AS on 15th October 2019, drilling of exploration well 9/2-12 on the Kathryn prospect in the North Sea has been completed. The primary target was a Middle Jurassic reservoir. No traces of hydrocarbons were encountered, and the well is classified as dry.
For more information, please refer to the press release by Norwegian Petroleum Directorate.
OKEA is a fast-growing oil and gas producer operating on the Norwegian Continental Shelf (NCS) aiming to bring undeveloped discoveries with less than 100 million boe in reserves into production. We are a trusted partner on a local, regional and national level with a clear ambition to create value for owners, employees and society as a whole.
Our overall vision is to be the leading company on the NCS in terms of delivering safe and cost-effective field developments and operational excellence, while maintaining a competent organization with direct management engagement in all of our projects.
Our head office is based in Trondheim and includes most of our management functions. Our offshore operational center for existing and future OKEA-operated fields is based in Kristiansund.
OKEA is listed on Oslo Stock Exchange under the ticker “OKEA”.