Faroe Petroleum reports that drilling exploration drilling on the Wintershall-operated Kvalross prospect in the Barents Sea has failed to find commercial hydrocarbons. The Kvalross exploration well 7224/2-1 was spudded on 11 January 2016 and reached a total vertical depth of 2,917m (9,571ft) in the Lower Triassic Havert formation.?The well aimed to test two independent targets: the Kvalross prospect within the Lower Triassic Klappmyss formation; and the Kvaltann prospect within a Mid-Late Triassic Snadd formation channel.
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