StatoilHydro Announces Discoveries in Norwegian Continental Shelf

Wednesday, August 27, 2008

The presence of a considerable oil column has been confirmed under the Dagny structure in the , near Sleipner, announced StatoilHydro. The total recoverable volume is estimated at 100-125 million barrels of oil equivalent. Gas has also been proven in the deep-water Snefrid South prospect near the Luva discovery in the . The well is estimated to contain some 4 billion standard cubic metres of recoverable gas. Video available includes views of StatoilHydro’s Sleipner facilities, a gas station in , as well as shots of oil and gas transport by road.

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