Scandoil.com

The Goliat oil discovery - resource estimate


Published Jan 16, 2006
[an error occurred while processing this directive]

Edit page New page Hide edit links

The Goliat oil discovery - resource estimate-Spotlight

 

Subsequent to the drilling of exploration well 7122/7-3, the Norwegian Petroleum Directorate has made an upward adjustment of the estimated proven resources in the Goliat discovery in production licence 229.

The new estimate indicates approximately 250 million barrels of oil equivalents, made up of approx. 75 percent oil and 25 percent gas. The resources in the Kobbe formation account for the largest portion of this estimate.

In addition to the fact that well 7122/7-3 proved considerably greater resources in the Goliat discovery, the discovery in the deeper formation is considered very positive, as it proves a previously unconfirmed petroleum potential in this part of the Hammerfest basin. The discovery could be significant for future exploration in adjacent parts of the Barents Sea.

Well 7122/7-3 was not production-tested, but extensive logging and core sampling have been done for further evaluation. Additional drilling is planned within the production licence in 2006.

The Eirik Raude drilling facility will be taken over by Statoil for drilling of wildcat well 7227/11-1 S on the Uranus structure in production licence 202.

Licensees in production licence 229 are:

  • Eni Norge (operator) 65%
  • Statoil 20%
  • DNO 15%



   

Add a Comment to this Article

Please be civil. Job and promotion will not be added into the comment page.

(Use Markdown for formatting.)

This question helps prevent spam:

+ Larger Font | + Smaller Font
Top Stories

 

 

 

 


 


RSS

RSS
Newsletter
Newsletter
Mobile News
Mobile news

Computer
Our news on
your website


Facebook
Facebook
Twitter
Twitter

Contact
Contact
Tips
Do you have any
tips to us

 

sitemap xml


 

Home