Wintershall has made what appears to be a promising oil discovery in the Norwegian sector of the North Sea with its 35/9-7 wildcat drilled on licence PL418.
LUNDIN has made a significant gas find in the Norwegian sector of the Barents Sea, thanks to its Skalle-1 exploration well.
THE discovery that has done more than any other in recent years to draw attention to the latent potential of West of Shetland is surely Rosebank/Lochnagar, over which there has been much speculation as to size - mostly in the 400-600mmb range, but could be larger, with the prospect of a future separate gas find in the same locale.
OFFSHORE Brazil may be the current star, but large new hydrocarbon finds have lately been reported on both sides of the Atlantic, in particular offshore Angola and, stretching the definition of Atlantic a bit, the US Gulf of Mexico.
THE Norwegian Petroleum Directorate (NPD) has reported that the exploration well drilled by ConocoPhillips Skandinavia on block 2/4 of the Norwegian sector of the North Sea failed to encounter hydrocarbons.