Norwegian oil firm Statoil has confirmed the presence of significant additional volumes in its appraisal of well 16/2-10 in the Aldous Major South discovery in the North Sea.
The company said the estimates are between 900 million and 1.5 billion barrels of recoverable oil equivalent in production licence PL265.
Go deeper with GlobalData
The oil column in 16/2-10 is approximately 60m, similar to the Aldous Major South discovery well 16/2-8.
Additional appraisal wells will be drilled in the Aldous/Avaldsnes discovery, which extends 180km2.
On completion of the appraisal well, the Transocean Leader drilling rig will move to the Troll field in the North Sea.
See Also:
Statoil is the operator of PL265 with a 40% stake, Petoro has 30%, Det Norske Oljeselskap holds 20% and Lundin Norway has 10%.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalData
