So far this year, 12 discoveries have been made on the Norwegian shelf. Six of these were made in the North Sea, and three in the Barents Sea and the Norwegian Sea respectively.
A total of 27 wildcat wells have been completed, giving a discovery rate of 44 per cent.
So far, 42 exploration wells have been spudded, and 38 completed. The number of spudded exploration wells was down ten compared to last year, and is lower than was forecast by the Norwegian Petroleum Directorate at the beginning of 2012.
Of the spudded wells, 27 are wildcat wells, and 15 were appraisal wells. Thirty of the exploration wells were drilled in the North Sea, seven in the Norwegian Sea, and five in the Barents Sea.
In the forecast presented in January, the number of exploration wells was estimated between 50 and 55. The fact that fewer wells than expected were drilled is largely due to the tight rig market, and the fact that some drilling operations have taken longer than planned.
Statoil has drilled 11 exploration wells, making it the operator to have drilled the largest number of wells. Lundin, with seven wells, is second, followed by Wintershall, which drilled six.
(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.
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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.
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The Norwegian Government has presented a proposal to open for petroleum activity in new areas in the south-eastern Barents Sea.
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Norwegian energy provider Statoil and partner Petoro have proven considerable additional resources in the Shetland Group/Lista Formation in the Gullfaks licence.
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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.
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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.
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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.
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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.
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