New oil resources proved in the Grane area

Operator Statoil has together with PL169 partners proved new oil resources in the D-structure in the vicinity of the Grane field in the North Sea. Well 25/8-18 S, drilled by the rig Transocean Leader, proved an oil column of 25 metres in the Heimdal Formation. The estimated volume of the discovery is in the range of 30-80 million barrels of recoverable oil.