Looking for a specific product?

Make a search for products & suppliers, articles & news.

New oil discovery in the Norwegian Sea confirms near-field exploration success

Statoil has together with partners in PL348/348B made an oil discovery in the Snilehorn prospect in the Norwegian Sea, approximately fifteen kilometres northeast of the Njord field.

This is the third near-field discovery in the Norwegian Sea in three months.

Exploration well 6407/8-6 and sidetrack 6407/8-6A, drilled by the Songa Trym drilling rig, have proven several oil columns in formations dating from the Jurassic period.

The main wellbore has also proven oil at a deeper level, in reservoir rocks of Triassic age, probably Grey Beds formation. Further data analysis will clarify the age of this oil bearing formation.

The estimated volume of the discovery is in the range of 55 - 100 million barrels of recoverable oil. This is light oil of high quality.

"We are very pleased with the results of our near-field exploration programme in the Norwegian Sea this year," says Gro G. Haatvedt, Statoil senior vice president for exploration on the Norwegian continental shelf.

 

To read the full press release, please visit the Statoil website.

Associated companies:


Related news

Latest news

Visit at Fiskaa from the Chinese ambassador to Norway

The Ambassador of the People’s Republic of China,

New emission rules 2020 - the reliable way to prove compliance

Reducing ship emissions is a top priority for IMO

United Technologies Opens State-of-the-Art Innovation Center, Announces Plan to Create 100 Additional Jobs

Employees working in the building today-

US Army Corps’ first F-10000 Davit

With space onboard Yaquina for davit operations limited, 

Chairman of IACS pinpoints three key themes of the Association’s strategy for the future

Commenting on the publication of the 2017 Annual Review, 

DNV GL launches alternative fuels white paper

For newbuilding vessels,

MINSHIP Shipmanagement boosts digitalization with DNV GL

MINSHIP is optimizing processes as they are managing a growing fleet. 

The fully electric Future of The Fjords has been launched

The new build is 42m long, 

Winner of Norwegian Export Award 2018 Announced

Airthings is the winner of the Norwegian Export Award 2018.