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New Statoil discovery in the Barents Sea

A new discovery in the Johan Castberg region contains between 20 and 50 million barrels of oil ready for recovery. The discovery also brings more gas for Statoil and its partners.

Photo: Øyvind Hagen - Statoil
BY JOACHIM CLAUSHØJ BINDSLEV, ENERGIWATCH
Published:

A new discovery near the Johan Castberg field in the Barents Sea could prove decisive in terms of Statoil's further actions in the promising field.

The Skavl prospect in license 532 near the Johan Castberg field turned out to contain between 20 and 50 million barrels of recoverable oil, according to Statoil, as well as two considerable gas columns of 22 and 23 meters, respectively.

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