Statoil Makes Oil Discovery at Linerle


Linerle, North Sea
(Click to Enlarge)
An oil discovery has been made by Statoil in its Linerle prospect northeast of the Norne field in the Norwegian Sea. The well was drilled by Smedvig's drillship, Vest Navigator.

Knut Chr Grindstad, exploration manager for the Halten/Nordland cluster in Harstad, says it is too early to say anything about the volume or type of oil in the deposit.

"We've previously discovered oil in the nearby Falk structure, and Linerle underpins our strategy to realize a collective development of these parts," says Mr. Grindstad. But the Falk oil has a higher density than average, and preliminary analyses indicate that the oil in Linerle is also heavier. An assessment will now be made to see whether a profitable development is feasible. "And there could be more oil in this sequence of finds in the Norne area," adds Mr. Grindstad.

It was recently resolved to submit a plan for development and operation of Svale and Staer, two other oil discoveries near Norne. There will however still be available capacity on the Norne production ship after this development.

Linerle is located in block 6608/11 in production license 128 (the Norne license). Statoil is operator, with Eni, Hydro, Petoro and Shell/Enterprise as partners.
Related Companies
 Company: Norsk Hydro ASAmore info


 - Sentry Petroleum Appoints Former Norsk Hydro Analyst to Board of Directors (Dec 29)
 - Hydro Under Investigation for Former Libya Oil Operations (Oct 7)
 - SeaBird First Contract Award for SeaBed Operations (Apr 28)
 Company: Shellmore info


 - Norway Awards 56 Oil And Gas Licences In Mature Areas (Jan 17)
 - Southern North Sea Special Interest Group Launched (Nov 21)
 - Report: Growing Confidence in North Sea Oil, Gas Industry (Nov 14)
 Company: Statoilmore info


 - Statoil Says Mistakes, Lack Of Maintenance Led To Troll, Mongstad Accidents (Jan 20)
 - Big Oil Back On The Acquisition Trail As Outlook Brightens (Jan 19)
 - Oil, Gas Firms Make Global 100 Most Sustainable Corporations List (Jan 19)
 Company: Smedvig ASAmore info
 - Seadrill Takes a Financial Hit from Contractor Investments (Feb 23)
 - Endeavour Enters $40 Million Strategic Investment with Smedvig (Dec 26)
 - Smedvig is History, from Today It's Seadrill (Jun 1)
 Company: ENImore info


 - Oil, Gas Firms Make Global 100 Most Sustainable Corporations List (Jan 19)
 - Norway Awards 56 Oil And Gas Licences In Mature Areas (Jan 17)
 - Eni: Oil, Gas Discovery in Norwegian Sea (Jan 17)
 Company: Petoromore info
 - Statoil Granted North Sea Drilling Permit by NPD (Dec 21)
 - OMV Says Wisting Arctic Discovery May Exceed 1B Barrels (Nov 17)
 - NPD Grants Statoil Lifetime Extension for Gullfaks B (Aug 25)
Events  SUBSCRIBE TO OUR NEWSLETTER

Our Privacy Pledge
SUBSCRIBE


Most Popular Articles
Related Articles


Brent Crude Oil : $55.49/BBL 2.45%
Light Crude Oil : $52.42/BBL 2.04%
Natural Gas : $3.2/MMBtu 5.04%
Updated in last 24 hours