North Sea: gas discovery

Gas has been proven in the Corvus prospect by an exploration well drilled 7km NW of the Oseberg C platform in the North Sea. The find was made in production licence 306, where StatoilHydro is operator. The discovery well found gas in a 550m sandstone-dominated interval dating from the Triassic, which contains several internal pressure barriers. An appraisal well is needed to identify how much of the reservoir is producible, and the size of the gas resources concealed in the Oseberg cellar. Plans call for the discovery to be tied back to the fixed installations in the Oseberg area if further evaluation shows that the reservoir is commercial. Licensees in production licence 306: StatoilHydro (63,82%), ConocoPhillips (2,58%), and Petoro (33,60%).
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