Wintershall has Norwegian Sea oil find

By OGJ editors
HOUSTON, July 22 -- A group led by Wintershall Holding GMBH made a light oil discovery with 60-120 million bbl and 2-5 billion standard cu m of gas recoverable on the Maria prospect in the Norwegian Sea 200 km off Trondheim, Norway.

The Maria 6406/3-8T2 well went to 4,216 m below sea level in 303 m of water and is one of the largest finds registered in 2010, the company said. It is on the 475 BS production license on the Halten terrace near Tyrihans and Asgard fields.

The oil is in the Middle Jurassic Garn formation, productive at Trestakk, Smorbukk Sor, Tyrihans, and Tyrihans North, through which Maria could be developed.

Current partners of the 475 BS license are:Wintershall 25%, Faroe Petroleum Norge AS 30%, Centrica Resources Norge AS 20%, Spring Energy Norge AS 15%, and Concedo ASA 10%.

Wintershall Norge’s made its first operated Norwegian Continental Shelf discovery last July at Grosbeak. It also holds a stake in the large Catcher discovery made in late June in the UK North Sea.