Statoil discovers oil in Grane field in the North Sea

Posted on 05 June 2013

Statoil, together with partners in the Grane Unit, has made a new oil discovery in the Grane field in the North Sea.

Statoil, together with partners in the Grane Unit, has made a new oil discovery in the Grane field in the North Sea.

Statoil and its partners are in the process of concluding drilling operations in exploration well 25/11-27 in the Grane Unit. Drilled by Songa Offshore’s Songa Trym semisubmersible, the well proved an oil column of 20 meters in the Heimdal Formation. The estimated volume of the discovery is in the range of 18 to 33 million bbls of recoverable oil.

“We are pleased with having proven new very high value resources in the Grane area,” Tore Løseth, vice president for exploration in the North Sea, said. “The oil discovery is located directly north of the Grane field and can be developed effectively.”

Timely near-field exploration is an important element in Statoil’s exploration strategy for the Norwegian continental shelf (NCS). This implies exploration close to existing installations that in the near future will have spare capacity for new tie-ins. “Near-field exploration is an important contribution in Statoil’s exploration portfolio on the NCS,” Mr Løseth said. “Even though volumes in these discoveries are moderate compared with the big finds over the last few years, these are fast, high-value barrels that are important for extending the production life of existing installations.”

In 2013, about 40% of Statoil’s exploration wells on the NCS will be near-field exploration. In addition to the Grane area, this includes the Oseberg, Fram/Gjøa and Tampen areas.

Exploration well 25/11-27 is situated in the Grane Unit in the North Sea. Statoil is operator with an interest of 36.66%. The partners are Petoro (28.94%), ExxonMobil Exploration & Production Norway (28.22%) and ConocoPhillips Skandinavia (6.17%).

Leave a Reply

*

FEATURED MICROSITES


Recent Drilling News

  • 04 March 2015

    New MWD/LWD service rated to 392°F, 25,000 psi sets records in Haynesville

    Sperry Drilling, a Halliburton business line, has set field records with the Quasar Pulse Service, the only M/LWD service capable of operating in harsh environments up to 392°F...

  • 03 March 2015

    Kosmos Energy finds hydrocarbons in CB-1 exploration well offshore Western Sahara

    Kosmos Energy announced that the CB-1 exploration well located in the Cap Boujdour permit area offshore Western Sahara encountered hydrocarbons. The well penetrated...

  • 02 March 2015

    Maersk Voyager drillship secures contract for work offshore Ghana

    Maersk Drilling has been awarded a contract from Eni Ghana Exploration and Production, an Eni subsidiary, for employment of the newbuild drillship Maersk Voyager...

  • 02 March 2015

    Wisco Moran debuts Padwise 1 walking rig in Texas

    The trend among drilling contractors to install walking systems on rigs has solved a major logistical problem for operators on multiwell pads – negating the need for costly...

  • 26 February 2015

    JDC inaugurates Hakuryu 12 jackup, looks to growth in Middle East, Myanmar and Russia

    The Japanese word “hakuryu” means “white dragon.” In Asia, dragons are strongly associated with oceans. They also represent power and blessings...

  • Read more news