Statoil, partners make oil discovery

June 2, 2004
Statoil ASA recently reported an oil discovery in its Linerle prospect northeast of the Norne field in the Norwegian Sea.

By OGJ editors

HOUSTON, June 2 -- Statoil ASA recently reported an oil discovery in its Linerle prospect northeast of the Norne field in the Norwegian Sea.

The West Navigator drillship began exploratory drilling on Apr. 30 (OGJ Online, May 4, 2004). The well was completed on May 23. Linerle is in Block 6608/11 in production license 128, the Norne license. Statoil is operator, with ENI Petroleum Co. Inc., Norsk Hydro ASA, Petoro AS, and a member of the Royal Dutch-Shell Group as partners.

Statoil officials said it is too early to talk about the volume or type of oil found. Further assessment is planned to determine if profitable development is feasible, they said.