Northern Petroleum says that the Nieuwendijk well drilled by its wholly owned subsidiary Northern Petroleum Nederland B.V. has reached a total depth of 2677 metres having penetrated the primary Bunter sandstone reservoirs. Encouragingly significant oil shows to surface and substantial drilling fluid losses occurred during the drilling of this section. These have been evaluated by electric logs and pressure tests, the results indicating the probability that the levels of oil saturations are not sufficient to warrant significant costs of testing.

These results along with other information obtained from the well will be integrated into our interpretation of the area around the Ottoland and Brakel fields enabling a new evaluation to be made of the nearby and adjacent structures. The velocity information is rapidly being incorporated into these depth maps.

Discussions are ongoing with a third party as to a possible geothermal energy application for the site and the well. With a bottom hole temperature of over 90ºC this is an interesting fall back of commercial potential for depleted and unsuccessful wells drilled in this densely populated region.

Tags: Northern Petroleum