Statoil proves oil in Snilehorn offshore Norway

Statoil has made its third discovery in the Norwegian Sea in the space of three months.

Snilehorn
Snilehorn

Offshore staff

STAVANGER, Norway – Statoil has made its third discovery in the Norwegian Sea in the space of three months.

The semisubmersibleSonga Trym drilled well 6407/8-6 and a subsequent side track on the Snilehorn prospect in the PL348/348B license, 15 km (9.3 mi) northeast of the Njord field. It encountered several oil columns in Jurassic-age formations.

The main wellbore additionally proved oil in deeper Triassic reservoir rocks, probably in the Grey Beds formation. An oil find at this level could be a first for the Norwegian Sea, Statoil claims.

Oil quality is good, with recoverable volumes estimated at 55-100 MMbbl. The earlier Smørbukk North gas/condensate discovery in the Åsgard area and the Svale North oil discovery in the Norne area could hold 86-166 MMboe recoverable.

Snilehorn likely will be developed via the (satellite)Hyme production system to the Njord complex, or tied-in directly to the Njord platform. Statoil sees follow-up potential in the area.

11/11/2013

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