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

Events>

<< May 2016 >>
MTWTFSS
25 26 27 28 29 30 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 31 1 2 3 4 5

Underwater Technology Conference

2016 will be a year to remember for all of us working in the oil and gas industry and it will be talked about in decades to come, such as they…

read more >

5th International Conference Offshore Cabling 2016

At the upcoming event you will get the opportunity to learn from offshore cable installation case studies and gain insights into latest…

read more >

OPEX Global Subsea Power Cables Forum for the O&G and Energy Industry 2016

This year subsea power cable forum will bring together key experts from Oil and Gas and Energy Industry globally to discuss the current…

read more >

ADVANCED SUBMARINE POWER CABLE & INTERCONNECTION FORUM

The 2016 event will look to emulate the success of this years’ conference and continue to showcase real practical examples on what the industry…

read more >