Norwegian Sea

Oil & Gas

Some optimism for Norway’s offshore prospects

Westwood Global Energy reports that there was one exploration well programme active as of May 27, plus one development programme with an exploration sidetrack planned. One exploration well programme was completed and one exploration well programme spudded in May.

Oil & Gas

Six exploration wells active at end of July

Westwood Global Energy reports that there were six active exploration wells and one active appraisal well at the end of July. Since the last report, five exploration wells have spudded and six E&A wells have completed on the Norwegian Continental Shelf.

Market info

Exploration: Oil finds in Greater Edvard Grieg area

Westwood Global Energy reports that there were five active exploration wells and two active appraisal wells as of June 25. Since the last report, six wells have spudded and four have completed.

Oil & Gas

Statoil strikes gas on Mim play

Statoil has hit gas on the Mim prospect in the Norwegian Sea. The Norwegian Petroleum Directorate said today that wells had been drilled on the discovery, six kilometres east of the Alve field. Early estimates put the size of the discovery at between one and five billion standard cubic metres of recoverable gas.

Oil & Gas

Faroe Petroleum begins drilling of Portrush exploration well

Faroe Petroleum has commenced drilling of an exploration well in the Norwegian Sea. The independent oil and gas explorer holds a 20% share in the Portrush well located in licence PL793. Faroe said the well, which is 10km from the Statoil-operated Njord field and 20km west of the Shell-operated Njord field, will target prospective resources along the Vingleia fault .