The oil company Total announces that its affiliate Total E&P Norge has made an oil discovery in the Garantiana prospect located on Production License 554 (PL554) in the Norwegian North Sea.
The well is locaated 185 kilometers northwest of Bergen and 30 kilometers northeast of the Visund Field (ill.), at water depths of 384 meters.
Total E&P Norge is operator of the license with a 40% interest, other partners are Det norske oljeselskap ASA 20%, Bridge Energy Norge AS 20% and Svenska Petroleum Exploration 20%.
Preliminary estimates place the size of the discovery between 25 and 75 million barrels of recoverable oil.
The wildcat well 34/6-2 S encountered oil in the Lower Jurassic Cook Formation with good reservoir quality. A successful production test was carried out on the well, with a flow rate of 4,300 barrels of oil per day through a 28/64" choke. A sidetrack (well 34/6-2 A) was then drilled to appraise the discovery and allowed to identify an oil-water contact in the formation.
The well on the Garantiana prospect is the first exploration well in License 554. Other prospects are located in the immediate vicinity of the discovery and are under evaluation. A second exploration well is planned to be drilled in the area.
Total has increased its exploration activity in Norway in recent years, drilling more wells on existing acreage, actively participating in exploration rounds, and, in the case of PL554, farming in as operator.
Since the late 1960s, Total has played a major role in the development of a large number of Norwegian fields, notably Frigg and Heimdal. Norway was the largest contributor to the Group’s equity production in 2011 with 287,000 barrels of oil equivalent per day (boe/d). Total holds interests in 91 production licenses in offshore Norway, 23 as operator.
(Aftenposten/Press release)
Lundin Norge AS has announced the discovery of an oil discovery south of the Edvard Grieg field in the North Sea, after concluding the drilling of wildcat well 16/4-6 S.
..
Norwegian energy provider Statoil has reported a first quarter 2013 net operating income of NOK 38.0 billion, compared to NOK 57.9 billion in the first quarter of 2012. Adjusted earnings were NOK 42.4 billion, compared to NOK 59.2 billion in the first quarter of 2012.
..
The Norwegian Government has presented a proposal to open for petroleum activity in new areas in the south-eastern Barents Sea.
..
The National Congress of Prime Minister Jens Stoltenberg's Labour Party has voted yes to do a study that examines the effects of potential oil drilling in the Lofoten-Vesterålen area in the north of Norway.
..
Norwegian energy provider Statoil and partner Petoro have proven considerable additional resources in the Shetland Group/Lista Formation in the Gullfaks licence.
..
Norwegian engineering firm Aker Solutions has entered a frame agreement with Petrobras to provide subsea equipment for the oil company's deepwater pre-salt field developments in Brazil.
..
Norwegian energy provider Statoil and its partners have started production from the Vigdis North-East oil field located in the southern North Sea...
Aker Solutions has acquired Managed Pressure Operations International, Ltd. (MPO), a company that has successfully developed the next generation of continuous circulation, riser gas handling and managed pressure drilling systems.
..
Final investments in oil and gas activity in 2012 - including pipeline transportation - were NOK 172.5 billion; 18 per cent higher than in 2011. The forecast for 2013 has been adjusted downwards to NOK 198.7 billion, according to Statistics Norway.
..
This week, Statoil and its partners began production from the Hyme oil field in the southern part of the Norwegian Sea. Hyme is the second of Statoil’s 12 so-called fast-track projects.
..
