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UPDATED 1 Sept: The EI library in London is temporarily closed to the public, as a precautionary measure in light of the ongoing COVID-19 situation. The Knowledge Service will still be answering email queries via email , or via live chats during working hours (09:15-17:00 GMT). Our e-library is always open for members here: eLibrary , for full-text access to over 200 e-books and millions of articles. Thank you for your patience.
Eni makes new discovery in Barents Sea
Eni has made a new offshore oil and gas discovery in the Norwegian Barents Sea. The well 7220/7-3S is located 6 km south of the Johan Castberg area on the Drivis prospect in the PL532 licence. It has confirmed a hydrocarbon column of about 154 metres in Jurassic sandstone. Oil volumes in place are estimated at between 125mn and 140mn barrels. The discovery is part of Eni’s joint venture exploration activity to develop the Johan Castberg field.
Statoil is the operator of production licence PL532, with a 50% stake; the remaining shares are held by Eni Norge (30%) and Petoro (20%).
News Item details
Journal title: Petroleum Review
Region: Europe
Countries: Norway -
Subjects: Exploration and production
