Statoil Makes Gas/Condensate Discovery North of Åsgard

Norway's Statoil reported Monday that it has made a gas/condensate discovery in the Smørbukk North prospect at Haltenbanken in the Norwegian Sea.

Statoil said exploration well 6506/9-3 on production license PL479 was drilled by the Transocean Leader (DW semisub) rig and proved a 130-foot gas/condensate column in the Gam formation of mid-Jurassic age. In addition, a thin gas/condensate column was proven deeper in the mid-Jurassic Ile formation.

Statoil described the reservoir properties of the Gam formation as "good".

The preliminary estimated volume of the discovery is in the range of 25 to 47 million barrels of oil equivalent.

"We are very pleased with having proven the new resources," Gro G. Haatvedt, senior vice president for Norwegian exploration at Statoil, commented in a company statement.

"The three discoveries comprising the Åsgard field were all made in the 1980s. Making a new discovery in the area 30 years later is encouraging and proves the exciting remaining potential on the NCS."

 



Have a news tip? Share it with Rigzone!
Email news@rigzone.com

WHAT DO YOU THINK?

Click on the button below to add a comment.
Post a Comment
Generated by readers, the comments included herein do not reflect the views and opinions of Rigzone. All comments are subject to editorial review. Off-topic, inappropriate or insulting comments will be removed.

Related Companies
For More Information on the Offshore Rig Fleet:
RigLogix can provide the information that you need about the offshore rig fleet, whether you need utilization and industry trends or detailed reports on future rig contracts. Subscribing to RigLogix will allow you to access dozens of prebuilt reports and build your own custom reports using hundreds of available data columns. For more information about a RigLogix subscription, visit www.riglogix.com.
Events  SUBSCRIBE TO OUR NEWSLETTER

Our Privacy Pledge
SUBSCRIBE

More from this Author
Rigzone Staff
e-mail us at news@rigzone.com
 -  PETRONAS Awards SK410B PSC Offshore Ma... (Jul 22)
 -  LTHE-ECS JV Bags $1.6B EPCI Deal from ... (Jul 22)
 -  NauticAWT, ENRA Sets Up JV to Tap Busi... (Jul 22)
 -  Australia's Santos Post 2Q 2016 Sales ... (Jul 22)
 -  Total Signs Agreement to Supply LNG to... (Jul 22)


Most Popular Articles

From the Career Center
Jobs that may interest you
Offshore HSE Advisor - Deepwater Drilling
Expertise: Client Representative|WellSite Supervisor
Location: Houston, TX
 
Roustabout
Expertise: Roustabout
Location: Midland, TX
 
Rig Electrician
Expertise: Rig Electrician
Location: Kenai, AK
 
search for more jobs

Brent Crude Oil : $46.2/BBL 2.05%
Light Crude Oil : $44.75/BBL 0.42%
Natural Gas : $2.69/MMBtu 1.50%
Updated in last 24 hours