Mixed Results At Statoil PL053
Norwegian oil company Statoil ASA (NYSE:STO) met with disappointment in its primary gas target — Crux prospect on production license PL053 in its Oseberg field in the North Sea — but encountered success at Crimp, which was the secondary target for the exploration well 30/6-28S. The latest find in the Crimp prospect is projected to [...]
Norwegian oil company Statoil ASA (NYSE:STO) met with disappointment in its primary gas target — Crux prospect on production license PL053 in its Oseberg field in the North Sea — but encountered success at Crimp, which was the secondary target for the exploration well 30/6-28S.
The latest find in the Crimp prospect is projected to contain volumes in the range of 12–18 million barrels of recoverable oil equivalents. The well 30/6-28S confirmed an oil column of about 12 meters in the Statfjord … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards