norwegian sector

Oil & Gas

Barents well disappoints

Although Noreco has yet to conclude drilling operations on its Eik prospect, exploration well in the Norwegian sector of the Barents Sea, block 7228/1, PL396, preliminary drilling results indicate that the well does not signal commercial hydrocarbons. It targeted resources estimated at 130-310million barrels.

Oil & Gas

Dagny development

Statoil and partners have decided they will develop the Dagny oil and gas discovery and the Eirin gasfield in the Norwegian sector of the North Sea, block 15/5 with a fixed platform and subsea solution respectively. Export will be via existing Sleipner infrastructure.