StatoilHydro Hits Gas in Norwegian Sea

16 July 2009 (Last Updated July 16th, 2009 18:30)

StatoilHydro has announced a gas discovery in production licence 159D in the Norwegian Sea. The wildcat well 6507/3-7, which is currently being completed, is located 2km north-west of the Idun find and 12km north of the Skarv find. The size of the discovery is estimated

StatoilHydro has announced a gas discovery in production licence 159D in the Norwegian Sea.

The wildcat well 6507/3-7, which is currently being completed, is located 2km north-west of the Idun find and 12km north of the Skarv find.

The size of the discovery is estimated at between 600 million and three billion cubic metres of recoverable gas, according to the Norwegian Petroleum Directorate.

StatoilHydro said there is potential for additional volumes beyond the proven gas volumes. Further delineation of the discovery will also be considered.

The well was drilled by the Ocean Vanguard drilling facility.