Significant Gas and Condensate Discovery in the North Sea
Statoil has made a significant gas and condensate discovery in the King Lear prospect in the southern part of the Norwegian North Sea along with its partner Total E&P Norge. Exploration well 2/4-21 drilled by the jack-up rig Maersk Gallant in production licences 146 and 333, has proven a 48-metre gas/condensate column in the main bore 2/4-21 and an additional 70-metre gas/condensate column in the side-track 2/4-21A. Statoil estimates the total volumes in King Lear to be between 70 and 200 million barrels of recoverable oil equivalent (o.e.).
Statoil Announces Discovery
Statoil, together with partners Petoro AS, Det norske oljeselskap ASA and Lundin Norway AS, has drilled the Aldous Major North prospect (PL 265) in the North Sea. Samples taken from well 16/2-9S, drilled by the rig Transocean Leader, have proved a column of oil of up to 8 metres in formations dating from the Upper Jurassic period. Due to the limited reservoir quality, the partnership will consider further exploration drilling on Aldous Major North in order to clarify the structure’s potential. Well 16/2-9S was drilled some 12 kilometres north of the Aldous Major South oil discovery (16/2-8).
Statoil and Partners Discover High-Impact Oil Well
Statoil ASA and partners Petoro AS, Det norske oljeselskap ASA and Lundin Norway AS have made a high-impact oil discovery on the Aldous Major South prospect (PL 265) in the North Sea. Well 16/2-8, drilled by the Transocean Leader drilling rig, has identified an approximately 65-meter oil column in Jurassic sandstone. The acquired data confirm that this is a reservoir of excellent quality. Statoil has previously described the well as a high-impact well, and the result confirms…
Oil Discovery in The North Sea
Oil has been proven by Statoil and its partners Det norske oljeselskap ASA and Svenska Petroleum Exploration AS on the North Sea Krafla prospect. The well is located in block 30/11 around 26 kilometres south of the Oseberg South field. Based on preliminary calculations the size of the discovery is between 12.5 and 56.5 million barrels of recoverable oil equivalent. ”Statoil has had great exploration success in mature areas during the last years,” says Gro Gunleiksrud Haatvedt, Statoil’s head of exploration on the Norwegian continental shelf (NCS).
New opportunities in the Barents Sea
Holdings in 11 new production licences have been awarded to Statoil in the 21st licensing round on the Norwegian continental shelf (NCS), which was announced by the government today, 15 April. The group received eight new operatorships, with four of these in the Barents Sea and four in the Norwegian Sea. “We are very pleased with the award of new acreage in the Barents and Norwegian Seas,” says Gro Gunleiksrud Haatvedt, senior vice president for exploration on the NCS. “I’d particularly highlight the operatorship/acreage in the Hoop area.
