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Norwegian trio make gas discovery

24th September 2013

Statoil, Eni Norge and Petoro make gas discovery in the Barents Sea

An Illustration of Skrugard Terminal
Iskrystall has been estimated to contain 6 to 25 million barrels of oil equivalent inside its 200-metre gas column

Norwegian oil and gas firm Statoil has announced that it has made a gas discovery along with its two partner companies in the Iskrystall prospect in PL608.

 

Located in the Barents Sea, well 7219/8-2, a part of the Johan Castberg project, has been estimated to contain 6 to 25 million barrels of oil equivalent inside its 200-metre gas column.

 

Iskrystall was the second of four gas prospects to be drilled in the Castberg area this year with the aim of gaining information of the additional volumes in the Johan Castberg project with the first, Nunatak, resulting in a small gas discovery.

 

After the completion of Iskrystall, Statoil say they will move their West Hercules Rig, the rig that made the gas discovery, back to production licence 532 to drill the Skavl prospect, 5 km south of the Skugard discovery.

 

Investment into the Johan Castberg project, which Statoil shares with Norwegian energy firms Eni Norge and Petoro, was delayed in June of this year with the companies unsure about what resources are in the project and what investment would be needed.