Statoil Finds Only Small Amounts of Gas on Verdandi Prospect
"We made a small gas discovery which isn't commercial today," says Frode Fasteland, exploration manager for the North Sea in Exploration & Production Norway.
Started on May 22, drilling was carried out from Borgland Dolphin to a depth of 1,878 meters below sea level for 16/1-6S and 1,993 for 16/1-6A. Both wells terminated in Cretaceous rocks. Statoil carried out the work on behalf of production license 167, which was awarded as part of the 13th offshore licensing round in 1991. The group has an 80 percent interest in the license, with DNO holding the remaining 20 percent.