HALTENBANKEN FIELDS CLOSER TO DEVELOPMENT THAN THOSE FARTHER NORTH

Norwegian Sea oil reserves off mid-Norway assured that plans for field development there, on Haltenbanken, have taken shape much faster than projects off the far northern reaches of the country. North of Haltenbanken, on Tromsoflaket, discoveries on the western edge of the Barents Sea are mostly gas. The main development prospect on Tromsoflaket is Snohvit gas field with reserves of 3.53 tcf. It lies in Blocks 7120/5 and 7120/6 and 7121/4 and 7121/5.

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