"This find is the fourth discover we have been involved in so far this year," he says.
The discovery at Grane was made in connection with the production licence PL169 for which StatoilHydro is operator, and is named M prospect.
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StatoilHydro Made Oil Discovery In the North Sea
StatoilHydro said Wednesday it has made an oil discovery due south-west of the Grane field in the North Sea
StatoilHydro said Wednesday it has made an oil discovery due south-west of the Grane field in the North Sea. The size of the find is estimated to be in the order of 20 million - 30 million recoverable barrels of oil.
"The find is a continuation of the good start to exploration activities on the Norwegian continental shelf in 2008," says Tim Dodson, director of exploration in Exploration and production Norway.
"This find is the fourth discover we have been involved in so far this year," he says.
The discovery at Grane was made in connection with the production licence PL169 for which StatoilHydro is operator, and is named M prospect.
Exploration well 25/11-25 S was drilled down to reservoir rock types of Paleogenic age, and drilling has been concluded.
"This find is the fourth discover we have been involved in so far this year," he says.
The discovery at Grane was made in connection with the production licence PL169 for which StatoilHydro is operator, and is named M prospect.
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