The 16/5-3probe proved a 13.5-metre oil column in a “high-quality” Jurassic reservoirafter being drilled in Statoil-operated production licence 502 - abuttingPLs265 and 501 that host the Utsira High find – and confirmed communicationwith Sverdrup, the Norwegian state oil company said.
Although noresource estimate for the latest find has yet been given, pre-drill volumeswere believed to be in the range of 40 million to 85 million barrels of oilequivalent.
“The
