North Sea operator Statoil has made two new gas and oil finds close to its Oseberg field.
The company’s wildcat wells on the Askja West and Askja East prospects in the Norwegian North Sea turned up small finds, the country’s Petroleum Directorate confirmed.
A 90m gas column was found on the Askja East prospect, with a 40m oil column on the east field, producing an estimated total of up to 44million barrels of oil equivalent.
“We are pleased to start 2014 with a gas and oil find in the Askja West and East prospects, in the very heart of the North Sea,” said Statoil’s vice president of exploration for the North Sea, May-Liss Hauknes.
“This demonstrates once again that even the most mature parts of the NCS still have an exciting value creation potential. The North Sea is a highly prolific petroleum basin that has delivered new discoveries consistently for over four decades.”
The finds, drilled by the Ocean Vanguard rig, are sited between the Oseberg and Frigg fields. They will be developed along with the nearby Krafla and Krafla West finds made three years ago.
Recommended for you
