Gulf Oil and Gas accountACCOUNT

Oil Discovery in the NOAKA Area

Source: www.gulfoilandgas.com 7/12/2019, Location: Europe

Aker BP is about to complete the Liat?rnet exploration well in licence 442 in the NOAKA area. The well has proved oil with a gross resource estimate of 80-200 mmboe. Further data acquisition and analysis will be undertaken to determine the drainage strategy and recovery factor for the discovery.

Evy Gl?rstad-Clark, SVP Exploration in Aker BP commented: “The exploration success at Liat?rnet is an encouraging result of a long-term strategy to unlock the exploration potential in the NOAKA area and provide the basis for an area development. The discovery represents a significant addition to the NOAKA resource base.”

Aker BP is the operator and holds 90.26 percent interest in licence 442. The partner is LOTOS (9.74 percent).

A more detailed technical description of the well results will be released by the Norwegian Petroleum Directorate when the operation has been completed.

Exploration News in Norway >>

Guyana >>  12/10/2019 - Eco (Atlantic) Oil & Gas Ltd. (ECO) is pleased to announce that the Orinduik Block Joint Venture Partners (the JV Partners) have elected to enter the ...
Ukraine >>  12/9/2019 - PGNiG has signed an agreement with ERU Management Services providing for joint gas exploration and production operations in the western part of Ukrain...

Colombia >>  12/5/2019 - Companies including Canada’s Parex Resources and Ecopetrol SA won contracts to operate oil blocks in Colombia’s auction round, as the Andean nation se...
Thailand >>  12/5/2019 - Tap Oil Limited provides the following update on the Yothaka East-1 exploration well drilled in the G1/48 concession Manora Production License, operat...

Netherlands/Holland >>  12/2/2019 - Hague and London Oil, the oil and gas company with a diverse portfolio of production, development, appraisal, exploration and infrastructure assets pr...
Russia >>  12/2/2019 - Gazprom Neft and Repsol are developing a joint venture to conduct geological exploration at six license blocks in the Karabashsky zone of the Khanty-M...

Related Categories: Camp Building  Cleaning Equipment, Services  Communication  Corrosion Products/Services  Development  Exploration  Food Supplies  General  Labor Services  Land & Leasing  Mine Clearance  Oil & Gas Companies  Production  Service Companies  Skilled Labors  Transportation, 4X4 Trucks  Unskilled Labors  Utility Systems  Waste Disposal  Water Supply Services  Welding Products/Services 

Related Articles: Camp Building  Cleaning Equipment, Services  Communication  Corrosion Products/Services  Development  Exploration  General  Labor Services  Land & Leasing  Mine Clearance  Oil & Gas Companies  Production  Service Companies  Skilled Labors  Transportation, 4X4 Trucks  Utility Systems  Water Supply Services  Welding Products/Services 


Norway Oil & Gas 1 >>  2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16 | 17 | 18 | 19 | 20 | 21 | 22 | 23 | 24 | 25 | 26 | 27 | 28 |

More News

Related Links

Gulf Oil and Gas
Copyright © 2019 Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.