North Sea Discovery Encourages Statoil’s Upcoming Drilling Operations

Statoil is a partner in the OMV-operated Wisting Central oil discovery in the Hoop area. This represents a new oil play in the Norwegian Barents Sea.

“Statoil is very pleased with the discovery in the Wisting Central well. This is the first well drilled in the frontier Hoop area. It gives us valuable geological information and demonstrates that the Hoop area has an exciting oil potential,” says Gro Haatvedt, Statoil senior vice president for exploration Norway.

Statoil plans to drill two operated wells in the same area in 2014—the Atlantis and Apollo prospects in PL615 situated approximately 50 kilometres north of PL537.

“The oil discovery in Wisting Central is encouraging for our upcoming drilling operations in the Hoop area. In the Apollo prospect we will actually target the same geological formation as in the Wisting Central well,” says Haatvedt.

Well 7324/8-1 in PL537, drilled by the drilling rig Leiv Eriksson, has penetrated an oil column of about 50-60 metres. The estimated recoverable volumes in Wisting Central are in the range of 65-165 million barrels of oil. After completion of operations, the partnership will drill a second well (7324/7-1 Wisting Alternative) in the same licence.

The Wisting Central play-opener demonstrates that Statoil’s long-term approach in the Barents Sea continues to pay off. As late as 2011 Statoil proved a new oil play with the Skrugard and Havis (now Johan Castberg) discoveries. Statoil, as operator of PL608, is currently drilling the Iskrystall prospect. This licence is also located in the Johan Castberg area.

Exploration well 7324/8-1 is situated in PL537. OMV Norge AS is the operator and holds 25%. Statoil is a partner with a 15% interest. Other partners in the license are Petoro AS (20%), Idemitsu Petroleum Norge AS (20%) and Tullow Oil Norge AS (20%). Statoil farmed in to PL537 in 2010.

Press Release, September 06, 2013

 

Share this article

Follow Offshore Energy Today

Events>

<< Sep 2019 >>
MTWTFSS
26 27 28 29 30 31 1
2 3 4 5 6 7 8
9 10 11 12 13 14 15
16 17 18 19 20 21 22
23 24 25 26 27 28 29
30 1 2 3 4 5 6

Offshore Energy Exhibition and Conference (OEEC)

The three-day event features an exhibition where over 600 companies will showcase their products and services…

read more >

Argentina Oil and Gas Expo 2019

The Argentine Oil and Gas Institute (IAPG) organizes the Argentina Oil & Gas Expo bringing together the most…

read more >

OEE Conference & Exhibition 2019

OEE2019 is organised by Ocean Energy Europe, the industry association representing ocean energy in Europe.

read more >

Africa Oil & Power 2019

The Africa Oil & Power conference will bring together an elite class of ministers and senior-level government…

read more >

Jobs>

Looking to fill a job opening?

By advertising your job here, on the homepage of OffshoreEnergyToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply

Looking to fill a job opening?

By advertising your job here, on the homepage of OffshoreEnergyToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply