Statoil has made a third discovery of crude oil in the Flemish Pass Basin offshore Newfoundland.
The discovery was made on the Bay du Nord prospect (EL1112), located approximately 311 miles (500 kilometers) northeast of St. John’s, Newfoundland and Labrador, Canada.
“The success of Bay du Nord is the result of an ambitious and targeted drilling campaign in the Flemish Pass Basin,” says Statoil Exploration executive vice president Tim Dodson. “This discovery is very encouraging.”
“The Flemish Pass Basin is a strategic part of Statoil’s global exploration portfolio. We are now planning to return to the area for further appraisal drilling in the future,” says Dodson.
The Bay du Nord and Harpoon wells were drilled by the rig West Aquarius (UDW semisub), both in approximately 3,609 feet (1,100 meters) of water.
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