DRILLING

Statoil hits target

STATOIL and its joint venture partners have hit oil on the Svale North prospect in the Norwegian ...

Bianca Bartucciotto

The exploration well 6608/10-15 encountered a 45m oil column in the Are formation and a 45m column in the Melke formation. Preliminary estimates show that as much as 6-19 million barrels of recoverable...

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