Statoil hits oil in northern North Sea

Statoil13 September 2015, News Wires – The Norwegian Petroleum Directorate announced Friday that Statoil has made an oil discovery at wildcat well 30/9-27 S, located in production license 104 in the northern North Sea.

Well 30/9-27 S encountered a 111 foot oil column in sandstone with moderate to good reservoir quality. Preliminary estimates of the size of the discovery range between 35 million cubic feet and 70 Mcf of recoverable oil equivalents, according to the NPD.

This is the 26th exploration well drilled in production licence 104, which is owned by Statoil (49.3 percent), Petoro (33.6 percent), Total (14.7 percent) and ConocoPhillips (2.4 percent). The Songa Delta (mid-water semisub), which was used to drill well 30/9-27 S, will now drill development well 30/9-O-2 H in production license 104, which is operated by Statoil.

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