Eni, new discovery in Norway's offshore

Eni, new discovery in Norway's offshore

Editorial Staff
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Preliminary estimate of the size of the discovery ranges between 70 and 200 million barrels of oil in place, with a further additional potential to be evaluated

New oil and gas discovery in the licenses PL128/128D in the Norwegian Sea, where Eni is operator with 11.5%, with a preliminary estimate of the size of the discovery between 70 and 200 million barrels of oil in place, with a further additional potential to be evaluated. Eni announces the discovery in a statement. The other operators are Statoil with 63.95% together with Petoro, which controls 24.55%. The discovery ''was made with the well 6608/10-17S drilled in 374m of water depth approximately 5 kilometers north of the Norne FPSO (Floating Production, Storage and Offloading) unit in the northern part of the Norwegian Sea, and approximately 170 kilometers from the coast''. Eni has been present in Norway since 1965, with current production standing at approximately 180,000 barrels of oil equivalent per day through its subsidiary Eni Norge AS.