Statoil discovers light oil in Norwegian North Sea

May 29, 2007
Statoil ASA has found light oil in wildcat well 15/6-9 S, which was drilled on production license 303 in the Norwegian North Sea.

Uchenna Izundu
International Editor

LONDON, May 29 -- Statoil ASA has found light oil in wildcat well 15/6-9 S, which was drilled on production license 303 in the Norwegian North Sea.

The well is 7 km north of Sleipner field and 3 km east of the 15/5-1 Dagny discovery in the central part of the North Sea. Seadrill's West Epsilon jack up drilled the well to 3,850 m TD in 114 m of water. West Epsilon will now drill a sidetrack to delineate the discovery.

Statoil said the find will contribute to its goal of producing 1 million boe/d from the Norwegian continental shelf until 2015.

Statoil has not carried out a production test and has focused on gathering extensive data collection and sampling. It will consider producing the discovery with a tie-in to Sleipner, Volve, or Gudrun.

Contact Uchenna Izundu at [email protected].