Statoilhydro Petroleum News

Oil discovery in the North Sea

StatoilHydro Petroleum has concluded drilling of a development well with an exploration target, well 35/11-B-23-H in the Fram area. The well is located 10 km north of Troll. The purpose of this well was to prove petroleum in Middle Jurassic reservoir rocks in the ”C Øst” prospect. The well proved petroleum. The size of the discovery is from 3 – 6 million Sm3 oil equivalents, most of which is oil. The licensees in the production licence will consider producing the discovery to the Fram field. Many exploration wells have been drilled in production licence 090.