Aker BP has struck oil near the Alvheim field in the Norwegian North Sea.
The Norwegian Petroleum Directorate said a wildcat well on licence 340 encountered an oil column of about 10 metres
A secondary exploration target identified about 50 metres of water-bearing sandstone layers with very good reservoir properties.
An appraisal well encountered an oil column of about 30 metres.
Preliminary estimates indicate that the size of the discovery is between 5 and 10 million standard cubic metres of recoverable oil.
The licensees will consider tying the discovery into the existing infrastructure in the Alvheim area, 26 kilometres away.
The wells were drilled by the Transocean Arctic drilling rig.
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