StatoilHydro makes discovery in Norwegian Sea

StatoilHydro has hit pay on the Gygrid prospect northeast of Njord in the southern part of the Norwegian Sea.

Offshore staff

OSLO -- StatoilHydro has hit pay on the Gygrid prospect northeast of Njord in the southern part of the Norwegian Sea. Light and fine crude from Gygrid could be phased into Njord and extend the commercial life of a field now in its tail production phase, the company says.

The discovery, made by an exploration and an appraisal well, contains 20-30 Mboe, according to StatoilHydro.

Neither well was formation tested, but extensive data and cores were gathered.

06/11/2009

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