This is Statoil´s exploration plan for 2014

The Norwegian oil company has announced its plans for oil explorations next year, which include 20-25 new drills on the Norwegian shelf.

Photo: Øyvind Hagen - Statoil

With a historical success rate in the last five years on the Norwegian shelf, Statoil plans to open 20-25 new exploration wells next year, says the company in a press release.

Statoil will open 5-7 new wells in the Barents Sea in order to test the potential of the Hoop region, and regions bordering the current extraction region in the Johan Castberg field. In the Hoop field, explorations will take place in the Atlantis and Apollo prospects, located 50 kilometers north of the so-called PL537 region, and in Johan Castberg the test extractions will be done in Skavl, where drilling is already underway, as well as in Kramsø and Drivis.

Already a subscriber? Log in.

Read the whole article

Get access for 14 days for free.
No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from ShippingWatch

Further reading

Related articles

Latest news

See all jobs