North Sea Oil Discovery Announced by Det Norske
Norwegian drilling firm Det Norske has announced on August 31 that it made an oil discovery in the Norwegian sector of the North Sea.
The firm has announced that drilling of exploration well 25/2-18 S on the Langfjellet prospect in the North Sea (PL 442) is about to be completed.
The well encountered a gross oil column of 109 meters in the Vestland Group.
Preliminary volume estimates for the discovery are in the range of 24 to 74 million barrels of oil equivalent.
Det Norske will evaluate the discovery with regards to a potential development together with other discoveries in the area.
Following successful drilling results at langfjellet, licensees have identified further prospectivity within the license.
Det norske is the operator and holds a 90 percent working interest in pl442. Lotos exploration and production norge holds the remaining 10 percent.
