Statoil with the oil and gas discovery in the Norwegian sea – E24

(E24) Published: 08:56 – 17.01.2017, Updated: 09:00 – 17.01.2017

the Field is located approximately 200 kilometres west of Sandnessjøen, in prospect “Cape Vulture” in the Norwegian sea.

Preliminary calculations of the size of the discovery range extends from three to 13 million standard cubic metres of oil equivalent, reports the Norwegian petroleum directorate.

This equates to around counted 18 to 81 million barrels.

It will say on the size up against Brasse-field, where discoveries were made last summer.

Three partners

must be provided in a message that the licensees will consider further appraisal of the discovery with regard to a possible development of the floating production unit on the Norne field.

Oljegiganter tempted not of exploration in Norway

Licensees in production licence 128D, where the discovery is made, are Statoil (operator, 64 per cent share), Petoro (24.5 per cent share) and Eni Norge as (11.5 per cent share).

Well, the 27 exploration well in utvinningstilatelse 128. The permit was awarded in the licensing round, as far back as in 1986.

the Discovery was made with the drilling rig Deepsea Bergen.

“the Well encountered petroleum in the two level in Langeformasjonen. In the primary letemålet encountered the well a total oil column of about 5 metres with an overlying gas column of about 13 metres, of which respectively 3 and 10 metres in sandstones with moderate to good reservoir properties”, named in the message from the agency.

Good ending on oljeåret 2016

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at the same time as it reported on new findings, came the Norwegian petroleum directorate with the last produksjonsrapporten for the last year, and here report an average production of 2.094.000 barrels of oil, NGL and condensate in December.

This is a decline of approximately three percent from november.

It should be noted, incidentally, that the total petroleum production in 2016 increased for the third year in a row, and that it was produced as much gas as in the record year of 2015.

“The high level is among others the result of great regularity on the fields, and that the various efficiency measures have resulted in a significant reduction in operating and exploration expenses”, type OD.