The well is a three to four-metre thick sandstone layer in the Sognefjord Formation, and was drilled to a total depth of 1,138 metres.
Rex International’s subsidiary Lime Petroleum has discovered a well the size of 1.9 to 17.5 million barrels of oil (mmboe) in the Brage fields in Norway, according to a bourse filing on May 28.
This discovery is the result of an exploration and delineation drilling by the rig on the Brage platform, along the eastern flank of the Brage field in which Lime has a 33.84% interest.
