The Norwegian oil company ASA (the Norwegian), the operator of PL 442, reports that drilling of exploration well 25 / 2-18 S in Langfjellet prospect in the North Sea is about to be completed.
The well encountered one 109 meters gross oil column in Vestland Group. A technical sidetrack was drilled to perform data collection and the well is now being prepared for a sidetrack and well test, it emerges from a stock exchange release.
Preliminary estimates of the size of the discovery is between 24 and 74 million barrels of oil equivalent. The licensees will consider found in terms of a possible development along with other discoveries in the area. As a result of the positive outcome of
The Norwegian company operates and owns 90 percent of PL 442. LOTOS Exploration and Production Norway AS holds the remaining 10 percent.
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