Det Norske Provides Geitungen Update (Norway)

Det Norske Provides Geitungen Update (Norway)

Det norske oljeselskap ASA has, as partner in PL 265 (20 percent) made an oil discovery on the Geitungen prospect, were Statoil ASA is the operator.

Oil has been encountered and a core sample has been recovered. Drilling operations are ongoing and the final results from the well are thus not yet available.

PL 265/502 (Sverdrup)

The operator Statoil has completed its studies of the wells 16/2-1, 3, 4. The work, which also includes information from other wells drilled in the vicinity of the license, confirms the huge potential of a fractured and/or weathered crystalline basement rocks. Work to improve the understanding of the reservoir with respect to production and distribution is continuing, whilst the prospectivity of the Chalk play is still not clarified. Well 16/2-5, drilled in 2009 into a minor intra-Basement graben, discovered a limited column of hydrocarbons with relatively poor formation characteristics.

On October 21st 2011 the results from the apparisal well (16/2-10) have proven the same excellent quality in the reservoir, and the operator Statoil adjusts the voulume estimates considerably. Statoil estimate that Aldous Major South contains between 900 and 1500 million barrels of recoverable oil, with a most likely volume of 1,2 billion barrels. P.t. Det norske’s share alone represents 26 billion dollars in sales revenue. An additional well on the Aldous North discovery is likely in 2013 and this could add additional resources to the area.

Press Release , August 17, 2012

Share this article

Follow Subsea World News


<< Nov 2015 >>
26 27 28 29 30 31 1
2 3 4 5 6 7 8
9 10 11 12 13 14 15
16 17 18 19 20 21 22
23 24 25 26 27 28 29
30 1 2 3 4 5 6

Introduction to the Upstream Petroleum Industry

The course will provide an overview of the key aspects of the upstream petroleum industry, including exploration, risk factors, drilling…

read more >

Marine Warranty Surveying

This distance learning course addresses the core competencies of warranty surveying, presenting the background knowledge and practical…

read more >

European Autumn Gas Conference

The European Autumn Gas Conference 2015 will celebrate its 30th anniversary in Geneva, Switzerland where it all started 29th years ago!…

read more >

Subsea Expo 2015

Their world-class, state-of-the-art facilities have been selected by a host of international organisers as the venue for their international…

read more >