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BG tracing breadth of Norway oil find


Published Aug 11, 2008
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Oil company BP and partners Idemitsu, Revus Energy and RWE Dea Norge have a new oil discovery in the North Sea offshore Norway, it was learned Monday.

Well 34/3-1 S in License 373 proved “an oil accumulation” in Jurassic-era rock northeast of the Snorre field.. A side track well will seek to understand the breadth of the discovery, which was made in the high-pressure earth’s crust some four kilometres “vertical depth”.

The news comes on the heels of more exploration news from Brazil, where BG at the weekend could herald a new oil discovery, called Iara, below the salt of the Santos Basin.

Iara was a new discovery and the third well to encounter hydrocarbons in the concession area.

Tags: BG Group, Idemitsu, Revus Energy, RWE Dea




   

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