Saturday, April 26, 2008

StatoilHydro makes gas discovery in the Norwegian Sea

According to preliminary calculations, a gas discovery in the Natalia prospect in the Norwegian Sea could contain around 1.5 billion cubic metres of recoverable gas.

Natalia is located five kilometres north-west of the Midgard structure on the Asgard field on the Halten Bank and adds to the many finds in this area. Exploration activities in the area have so far this year given good results, such as the Natalia, Gamma and Marulk (partner-operated) finds. Positive results in Gamma and Natalia are also important contributions in evaluating the potential of equivalent structures in the area. The exploration well was drilled to a total depth of 3040 metres below sea level and was completed in rocks of early Jurassic age. The well has not been formation tested, but comprehensive data collection and sampling have been carried out, including core drilling and fluid sampling.
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