Statoil primes Skrugard appraisal

Statoil is set to kick off drilling of the first appraisal well at its Skrugard find in the Barents Sea in January after getting the green light from Norway’s authorities.

green lightThe explorer will use the semi-submersible Aker Barents to drill the probe, 7220/5-1, in Statoil-operated Production Licence 532 once the rig has completed drilling of the Havis prospect in the same licence.

 

The appraisal will be drilled in a water depth of 388 metres at a location about 200 kilometres from shore, with an estimated duration of 49 days.

 

Statoil is hoping the appraisal will yield a further resource boost at Skrugard, where oil and gas volumes are currently estimated at 250 million barrels of oil equivalent following an earlier upgrade.

 

The Norwegian state oil company said at the time of the discovery in April this year that the find had potential upside of an additional 250 million boe, giving a possible total of 500 million boe.

 

Skrugard was found in a relatively unexplored area about 110 kilometres north of the Snohvit gas field and has been hailed as a breakthrough discovery in the frontier Arctic play.

 

However, it poses potential development challenges due to the long distance from shore and lack of available export infrastructure in the remote region.

Related news

Latest news

New order for Servogear

Servogear announces that they have received a new order from Brødrene Aa. 

Norwater AS reports boost in sales

The Norwater team reports of great interest and busy days in 2016. In a press release, they state that as of the first 8 months of the year, 2016 sales are already beyond target for the year as a whole.

Gaia-facts reaching ground control

The European Space Agency (ESA) has released the first data from the Gaia mission, which has the tremendous task of building the most precise 3D map of the Milky Way.

Polish delegation for Norwegian circular waste management

Against the background of the EU's ambitious waste management targets, Norwegian and Polish stakeholders met on Wednesday 14 September in Drammen.

Milestone at Mongstad Water Treatment Plant

SAR AS reports that an extensive upgrade to the water treatment plant at Mongstad reached a new milestone July. 

Servogear signs new contract with Özata Shipyard

Servogear has announced the signing of a new contract with Özata Shipyard in Turkey. The contract includes the delivery of Servogear Ecoflow PropulsorTMfor two 39 meter passenger catamarans (YN 41 & YN 42).

Statoil and Petrobras strengthen strategic partnership

Statoil reports that they have strengthened their cooperation in Brazil by signing a Memorandum of Understanding (MoU) with Petrobras.

TechInvent and Island Offshore/Centrica announced winners of ONS Innovation Award

TechInvent and Island Offshore/Centrica were announced winners of the ONS 2016 Innovation Awards, at the Innovation Awards Ceremony Tuesday 30 August.

Alu Design chair in Star Trek Beyond

Alu Design boldly goes where no maritime chair manufacturer has before, as MH OCH 300 operator chair lands starring role in Star Trek Beyond.