Finance & Investing
News Services
Newsletters
Get free industry updates via email.
Daily News
Weekly News
Equipment Updates
Weekly Job Register
Monthly Event Guide
Our privacy
pledge.


advertisement

Statoil Finds Gas at Ice Crystal Prospect

change text size
Statoil Finds Gas at Ice Crystal Prospect

Statoil reported Monday that it has made a gas discovery at the Iskrystall (Ice Crystal) prospect on production license 608 in the Norwegian zone of the Barents Sea. However, the company pointed out that it had been seeking oil at the prospect.

Well 7129/8-2, which was drilled by the West Hercules (DW semisub) rig, has proved an approximately 655-foot gas column, according to Statoil. The firm estimates the size of the discovery to be between six and 25 million barrels of oil equivalent.

Ice Crystal was the second of four prospects to be drilled in the Johan Castberg area this year with the aim of providing additional volumes for the Johan Castberg field development project. The first prospect, Nunatak, resulted in a small gas discovery.

"Our main goal was to find oil in Iskrystall, but unfortunately it did not materialize. We still believe we can prove more oil resources in the Johan Castberg area and will continue our exploration effort with two more wells in the Skavl and Kramsnø prospects," Gro G. Haatvedt, Statoil’s senior vice president for exploration in Norway, said.

After completion of Iskrystall, the West Hercules rig will move back to the production license 532 to drill the Skavl prospect. Skavl is situated approximately three miles south of the Skrugard discovery (now part of Johan Castberg).

Statoil, the operator of production license 608, holds a 50-percent stake, while its partners Eni Norge and Petoro hold 30 percent and 20 percent respectively.



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

WHAT DO YOU THINK?

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.

More from this Author
Rigzone Staff
e-mail us at news@rigzone.com
 -  Ezion Bags $79M Charter Contracts to S... (Apr 16)
 -  Lukoil Sells Interest in Kazakhstan Pr... (Apr 15)
 -  Drydocks Signs Deal to Build 2 Gusto-D... (Apr 15)
 -  Ruspetro Gets 20-Year Extension to Vos... (Apr 15)
 -  Interra Drills CHK 1184, CHK 1185 Well... (Apr 15)
Most Popular Articles
From the Career Center
Jobs that may interest you
Senior Drilling Engineer
Expertise: Drilling Consultant, Drilling Engineering
Location: Kuala Lumpur
 
Rig Manager
Expertise: Rig Manager
Location: Various
 
Motorman
Expertise: Motorman, Rig Mechanic
Location: North Sea
 
search for more jobs