Minor oil discovery near Fram field for Statoil in the North Sea

Source:Norwegian Petroleum Directorate

Statoil has discovered oil in wildcat well 35/11-17, about one kilometer south of the Fram field in the North Sea.

Statoil has discovered oil in wildcat well 35/11-17, about one kilometre south of the Fram field in the North Sea.

The preliminary size of the discovery has been estimated at between one and three million standard cubic metres (Sm3) of recoverable oil equivalents.

The licensees in production licence 090 will evaluate the discovery along with nearby prospects with a view toward further development.

This is the 16th exploration well in production licence 090, which was awarded in the 8th licencing round in 1984.

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