By OGJ editors
HOUSTON, Mar. 4 -- Statoil said the Lower Lunde well confirmed the existence of oil in the Tampen area in the northeastern area of Snorre field in the Norwegian North Sea.
The Statoil-operated well was drilled to 2,652 m in lower parts of the Upper Triassic Lunde formation.
The find was estimated to contain 6-19 million boe, although the well was not formation-tested. Samples were taken, and Statoil said it plans to plug the well.