Oil, Gas and Consumable Fuels
Company Overview of Total E&P Norge AS
Total E&P Norge AS, an oil and gas company, is engaged in the exploration and production of hydrocarbons on the Norwegian Continental Shelf. It has interests in various exploration licenses located in the North Sea, the Norwegian Sea, and the Barents Sea. The company was formerly known as TOTALFINAELF Exploration Norge AS and changed its name to Total E&P Norge AS in 2003. Total E&P Norge AS is based in Stavanger, Norway. Total E&P Norge AS is based in Stavanger, Norway.
Key Executives for Total E&P Norge AS
Managing Director and Director
Head of Cessation Project
Exploration Manager and Head of Geoscience
Administration Manager and Human Resources Manager
Compensation as of Fiscal Year 2013.
Total E&P Norge AS Key Developments
Ithaca Energy Inc. Announces Trell Oil Discovery
Feb 21 14
Ithaca Energy Inc. announced that the TOTAL E&P Norge AS operated exploration well 25/5-9 on the 'Trell' Prospect in licence PL102 F/G in the Norwegian North Sea has discovered oil in the Paleocene Heimdal Formation. The well intersected 19 metres of net pay in excellent quality Heimdal reservoir, in a location close to existing infrastructure. Wireline logs and pressure data have confirmed a hydrocarbon contact and samples of oil and water were acquired for further analysis. Preliminary estimates made by the Operator place the size of the discovery at between 3.1 and 12.5 million barrels of recoverable oil. Ithaca entered into an agreement with TOTAL in December 2013 to acquire a 10% working interest in licences PL102 F/G. Completion of the transaction is currently progressing through the normal regulatory consents. The agreement is consistent with Ithaca's strategy in Norway of gaining access to lower risk exploration opportunities capable of monetisation prior to development. The PL102 F/G licensees are TOTAL 40%, (operator), Petoro 30%, Lotos Exploration and Production Norge 10%, Det Norske Oljeselskap 10% and Ithaca 10%. The well was drilled to 2240 metres true vertical depth subsea and encountered a 21 metre gross oil column. The discovery was made in a mature area of the Norwegian North Sea, within approximately 10 kilometres of the Heimdal production hub.
North Energy ASA, Total E&P Norge, Ithaca Petroleum Norge, Statoil, Det Norske and Rocksource Exploration Norway Provide Update on Norvarg Appraisal Well
Jun 24 13
North Energy ASA announced that the appraisal well (7225/3-2) being drilled on the Norvarg discovery, located in PL 535 in the Norwegian sector of the Barents Sea, has confirmed the presence of hydrocarbons in the Kobbe formation based on the results of wire line logs and formation tests and cores. The partnership has decided to perform a drill stem test (DST) on the well to assess the quality of the Kobbe reservoir and the volume potential in the northeastern part the Norvarg closure. Appraisal drilling operations commenced on 25 April 2013. The well is being drilled using Ocean's Leiv Eiriksson semi-submersible rig. The well is located in 377 metres of water, approximately 275 kilometers north of the Hammerfest LNG plant on Melkya. The partners in the licence are Total E&P Norge (operator - 40% interest), North Energy (20%), Ithaca Petroleum Norge (13%), Statoil (10%), Det Norske (10%), and Rocksource Exploration Norway (7%). Pending governmental approval.
Total E&P Norge AS Makes a New Oil Discovery in the Garantiana Prospect
Dec 3 12
Total announced that its affiliate Total E&P Norge AS has made an oil discovery in the Garantiana prospect located on Production License 554 (PL554) in the Norwegian North Sea, 185 kilometers northwest of Bergen and 30 kilometers northeast of the Visund Field, at water depths of 384 meters. Preliminary estimates place the size of the discovery between 25 and 75 million barrels of recoverable oil. The wildcat well 34/6-2 S encountered oil in the Lower Jurassic Cook Formation with good reservoir quality. A successful production test was carried out on the well, with a flow rate of 4,300 barrels of oil per day through a 28/64" choke. A sidetrack (well 34/6-2 A) was then drilled to appraise the discovery and allowed to identify an oil-water contact in the formation. The well on the Garantiana prospect is the first exploration well in License 554. Other prospects are located in the immediate vicinity of the discovery and are under evaluation. A second exploration well is planned to be drilled in the area. Total has increased its exploration activity in Norway in recent years, drilling more wells on existing acreage, actively participating in exploration rounds, and, in the case of PL554, farming in as operator.
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