StatoilHydro discovery in the Barents Sea

Hydrocarbons have been proven in the Obesum prospect in the Barents Sea. StatoilHydro is the operator and has 100 percent interest in this licence.

This is the fourth find on StatoilHydro-operated licenses on the Norwegian continental shelf in 2008, and the fifth so far this year.

The drilling in production licence 228 in the Barents Sea is completed. Hydrocarbons were proven in sandstone from the Triassic Age, and extensive data acquisition has been conducted.

The results from the well show that the reservoir contains both oil and gas. It is too early to estimate the size of the finds and further data processing is required.

This was the first well in production licence 228, which was awarded in the Barents Sea licensing round in 1997. The well was drilled to a total depth of 2825 metres below sea level, and was completed in Triassic rocks. The well will now be permanently plugged and abandoned.