Cairn, through its subsidiary Capricorn, spudded exploration well 6508/1-3 targeting the Lynghaug prospect in PL 758 on 20 June 2019. This was the companyâs first operated well in Norway and it was drilled using the âTransocean Arcticâ S/S. Its location is 6 km southeast of Norne and 8 km northeast of Skaugumsasen. The well reached TD at 1,687 m in the Lower Jurassic Are Formation. A 170 m section of Are Formation (the primary objective) was encountered with around 50 m of net sandstone interbedded with claystones and coals. The well is a dry hole and was abandoned on 11 July 2019.  Prior to drilling, Cairn prognosed potential recoverable reserves of approximately 70 MMboe. If the well had been successful it would have been a play opener for the Nordland Ridge and could have been developed as a tie-back to the Norne FPSO.   The 2011 Skaugumsasen oil and gas discovery made by Det norske with exploration well 6508/1-2 lies in the southwesterly part of PL 758. The well encountered an 18 m gas column and a 23 m oil column in the Lower Jurassic Tilje / Are formations and recoverable reserves were estimated at 6 MMboe at the time of discovery.    PL 758 is operated by Cairn through Capricorn Norge AS (50%) with Skagen 44 (30%) and Lundin Norway AS (20%) as partners.
6508/01-03 (Lynghaug) (Capricorn op. 50%, Skagen 44 30%, Lundin 20%), 1st well in PL 758, SE of Norne on Nordland Ridge, WD=390m, P&A at TD=1663m, encountered 170m of alternating sst, claystone and coal in the targeted Ãre Fm with 50m of very good reservoir quality, but with no hydrocarbons present.