Stay Connected

Statoil doubles estimate of Aldous discovery

10/31/2011
By Eric Watkins
Norway's Statoil said part of its newly discovered Aldous Major South field in the North Sea is twice as large as first thought, raising its estimate as much as 3.3 billion boe (OGJ Online, Sept. 22, 2011). "Aldous-Avaldsnes is a giant, and one of the largest finds ever on the Norwegian continental shelf," said Tim Dodson, Statoil executive vice-president, exploration. "Volume estimates have now increased further because the appraisal well confirms a continuous, very good and thick reservoir in Aldous Major South," he said. The estimates were based on a recovery rate of 50-60%, said Dodson who added that "a recovery rate of 70-75% could be possible" due to th...
read-story

Why Register?

Non-subscribers can only view whitepapers by providing name, home and email address, phone number and other information and comment on/rate articles.

Why Subscribe?

Oil & Gas Journal subscribers with login credentials can access these premium features of OGJ Online:

  • Current Issue – an html version of the current week's issue of Oil & Gas Journal.
  • Past Issues – An Electronic OGJ Archive. A keyword-searchable archive of all issues of Oil & Gas Journal dating back to 1990; also searchable by issue date.
  • Market Journal – a weekly round-up of the oil and gas markets, with observations from leading analysts.
  • Editor's Perspective – a short article of insight and opinion by the Editor of Oil & Gas Journal.
  • OGJ Industry Stats – quick access to current industry statistics from Oil & Gas Journal.
  • OGJ Survey Downloads - quick access to exclusive reports from Oil & Gas Journal.

 

Subscriber Help or Subscribe

Oil & Gas Journal Subscribers: Have your subscription number (from the mailing label on the cover of your Oil & Gas Journal) and e-mail address ready to set up your online account through Customer Service Assistant.

If you're not an Oil & Gas Journal subscriber, start a subscription and gain access to the subscriber areas of OGJ Online now.