Exploratory drilling levels off Norway predicted flat for 1998

02/02/1998
Norwegian offshore discoveries in 1997 [87,869 bytes] Norwegian oil industry regulator Norwegian Petroleum Directorate (NPD) has outlined operators' plans for exploratory drilling off Norway this year and disclosed results of 1997 exploration programs. NPD says Norway's offshore operators plan to spud 45 exploratory wells in 1998, 15 in the Norwegian Sea and the rest in the mature North Sea area. Rolf Wiborg, NPD resource management director, said, "Exploration looks set to stay at the same level as last year and will focus particularly on areas with existing infrastructure." Tor Gunnar Gloppen, Statoil's license manager, said, "Exploiting investment al...
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