Looking for a specific product?

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

Statoil primes Skrugard appraisal

Statoil is set to kick off drilling of the first appraisal well at its Skrugard find in the Barents Sea in January after getting the green light from Norway’s authorities.

green lightThe explorer will use the semi-submersible Aker Barents to drill the probe, 7220/5-1, in Statoil-operated Production Licence 532 once the rig has completed drilling of the Havis prospect in the same licence.

 

The appraisal will be drilled in a water depth of 388 metres at a location about 200 kilometres from shore, with an estimated duration of 49 days.

 

Statoil is hoping the appraisal will yield a further resource boost at Skrugard, where oil and gas volumes are currently estimated at 250 million barrels of oil equivalent following an earlier upgrade.

 

The Norwegian state oil company said at the time of the discovery in April this year that the find had potential upside of an additional 250 million boe, giving a possible total of 500 million boe.

 

Skrugard was found in a relatively unexplored area about 110 kilometres north of the Snohvit gas field and has been hailed as a breakthrough discovery in the frontier Arctic play.

 

However, it poses potential development challenges due to the long distance from shore and lack of available export infrastructure in the remote region.

Related news

Latest news

Resolutuions at Semcon's annual general meeting 2017

Semcon’s Annual General Meeting (AGM) was held on Wednesday April 26,

DNV GL launches new PSC Planner application

Classification society DNV GL has launched a new application on its My DNV GL portal

300 solutions that will change the world

Global Opportunity Explorer launch

Wind powered oil recovery concept moves closer to implementation

The DNV GL-led joint industry project,

Feeding the future with AKVA

AKVA group has seen a strong market response to the new AKVAconnect feeding system, released late 2016 into the Chilean market. Customer feedback has been very positive resulting in a strong increase in sales.

The Mohammed bin Rashid Al Maktoum Solar Park Phase II will be managed by GreenPowerMonitor monitoring solutions

The project forms part of the larger 1 GW Mohammed bin Rashid Al Maktoum Solar Park

Chalet and chaletino, oak flooring of exceptional length and width

Chalet and Chaletino from BOEN is parquet flooring made with exceptionally wide and long planks of the finest timber.

Fire in Vestdavit offices – Possible disruption of service

Vestdavit and all staff would like to express sincere thanks for the inquiries and good wishes sent to us by our industry partners,

TechnipFMC and DOF Subsea announce delivery of Sk

Technip FMC and DOF Subsea announce the delivery of Skandi Búzios and commencement of contract with Petrobras.