Dry well at Brage South
Fossil Energy – Drage South
Wintershall Dea yesterday confirmed that no hydrocarbons were found in the Brage South exploration well (31/4-A-13 C).
The well will be plugged as a dry well.
On 23 May 2022, OKEA ASA announced that it has entered into an agreement to acquire a material portfolio of assets from Wintershall Dea Norge AS, including a 35.2% operated working interest in the Brage field (PL055). Brage South is one of many upside opportunities identified at Brage.
The result of this exploration well does not change OKEA’s valuation of the transaction nor the view of Brage as a good opportunity for OKEA in line with our strategy and with substantial remaining upside potential.
The 31/4-A-13 C Brage South well was drilled from the Brage platform.
Original Source: https://ocean-energyresources.com/2022/07/22/dry-well-at-brage-south/