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Home Business Oil & Auto

StatoilHydro: Deepwater gas discovery

The FINANCIAL by The FINANCIAL
March 16, 2009
in Oil & Auto
Reading Time: 1 min read
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The FINANCIAL — Gas has been found by StatoilHydro in the Asterix prospect, which lies in 1,360 metres of water 345 kilometres west of Sandnessjøen in the Norwegian Sea.

“This represents one of the bigger discoveries off Norway in recent years, and we’re very pleased with the result,” says Tove Stuhr Sjøblom, StatoilHydro’s head of Norwegian exploration.

 

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According to StatoilHydro, the resources are located in Upper Cretaceous reservoir rocks. No formation test was carried out, but extensive data gathering and coring took place in the reservoir.

 

“The well has proved a new play, and found gas in rocks with good reservoir properties,” comments Frode Fasteland, exploration manager for the Norwegian Sea. “This opens exciting opportunities for further exploration in the area.

 

“Asterix will be considered for development together with Luva and the other nearby discoveries of Haklang and Snefrid South. That could help to lay the basis for a deepwater gas infrastructure in the Norwegian Sea.”

 

In addition to StatoilHydro as operator, with 70%, licensees in production licence 327B are Petoro with 20% and Norske Shell with 10%.

 

 

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