Statoil has made a new oil find after drilling a wildcat well near the Norne field.

The exploration well, 9km northeast of the field, discovered two 45m oil columns, with a preliminary estimate of between six and 19 million barrels of recoverable oil.

It marks the second find for Statoil in the Norwegian Sea within a month, as the company looks to extend the Norne field’s lifespan.

“We are very pleased with the discovery,” says Statoil exploration senior vice president Gro Haatvedt.

“With last month’s announcement of the Smørbukk North discovery near Åsgard, this is the second discovery in the Norwegian Sea in three weeks.

“Timely near-field exploration provides valuable resources to Statoil and the discoveries show that there is still exciting potential in the Norwegian Sea.”

Statoil will now look at how the discovery, drilled by the Songa Trym rig, can be tied to the Norne field.

http://www.energyvoice.com/2013/09/statoil-makes-new-norwegian-sea-find/