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

Norway's Sverdrup Well Proves Thinner Than Expected Reservoir

change text size

OSLO, Sept 30 (Reuters) – The latest appraisal well on the giant Johan Sverdrup oil field in the Norwegian North Sea showed excellent reservoir quality but the reservoir itself was thinner than expected, the Norwegian Petroleum Directorate said on Monday.

Sverdrup, the biggest find off Norway in decades, is seen holding between 1.7 billion and 3.3 billion barrels of oil and its operators are expected to release a refined resource estimate later this year.

Norway's Statoil and Swedish minnow Lundin Petroleum operate the licences covering Sverdrup while other shareholders include Maersk Oil, Det norske and state holding firm Petoro.

(Reporting by Balazs Koranyi)

Copyright 2014 Thomson Reuters. Click for Restrictions.

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

Most Popular Articles
From the Career Center
Jobs that may interest you
Sr. Development Geologist
Expertise: Geologist
Location: Billings, MT
 
Rigwatch Technician
Expertise: Rig Electrician, Rig Instrument Tech
Location: Clearfield, PA
 
Drilling Engineer
Expertise: Drilling Engineering, Petroleum Engineering
Location: Denver, CO
 
search for more jobs