Statoil Makes Small Gas Find Near Aasta Hansteen Field

Reuters

OSLO, June 9 (Reuters) - Norwegian energy firm Statoil made a small gas discovery near the Aasta Hansteen field in the Norwegian Sea, the Norwegian Petroleum Directorate said on Tuesday.

The well, 12 miles west of Aasta Hansteen, encountered a total gas column of about 230 feet and the firm estimates the find to be between 35 and 105 billion standard cubic feet of recoverable gas.

Statoil operates the licence with 40 percent while other shareholders include state holding firm Petoro (20 percent), Centrica (20 percent), Atlantic Petroleum (10 percent) and BASF subsidiary Wintershall (10 percent.)

(Reporting by Balazs Koranyi, editing by Terje Solsvik)

Copyright 2016 Thomson Reuters. Click for Restrictions.

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