Statoil Finds Hydrocarbons in North Sea Well, Partner Says
|Monday, November 04, 2013
OSLO, Nov 4 (Reuters) – Norway's Statoil has found hydrocarbons in its Askja exploration well in the Norwegian North Sea, Det Norske a partner in the licence said on Monday.
Det norske earlier said that the potential resource in the well is between 20 million and 70 million barrels of oil equivalents.
Statoil holds a 50 percent stake in licence 272 while Det norske and Svenska Petroleum each hold 25 percent.
"Drilling operations are ongoing and final results are not yet available," Det norske added.
(Reporting by Balazs Koranyi)
Copyright 2014 Thomson Reuters. Click for Restrictions.
WHAT DO YOU THINK?
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.
More from this Author
Most Popular Articles