Oil & Gas

Statoil makes small gas discovery in the Barents Sea

Statoil make small Barents Sea gas discovery

Statoil Petroleum has made a small gas find southeast of the Snøhvit field in the Barents Sea.

The company estimate recoverable gas volumes from the Blåmann well of 2-3 billion standard cubic meters (BCM).

No oil volumes were encountered.

The well was drilled in licence PL 849, awarded in 2016 in Norway’s  Awards in Predefined Areas (APA) licensing round.

Jez Averty, senior vice president for exploration in Norway and the UK, said: “We were exploring for oil and this is not the result we were hoping for.”

“However, this gas discovery has the potential to contribute additional resources to the Snøhvit project.”

This is the second such discovery by Statoil since the Barents campaign began. They announced the Kayak oil find on July 3, 2017.

Drilled by the “Songa Enabler”, a semisubmersible drilling rig, it will now move onto the Hoop area to drill the Gemini North prospect in licence PL855, northeast of the Wisting discovery.

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