From The Independent Barents Observer
It was AkerBP’s first well in the region in four years, and it was made only 25 km from the place where the company in 2014 made a small discovery of oil.
This time, the company found only gas, and only small volumes. According to the Norwegian Petroleum Directorate, the drilling of the wildcat well revealed a gas column of about 20 metres.
Preliminary estimate is that the size of the discovery is between 2-3.5 billion standard cubic metres of recoverable gas, the Directorate informs.
Preliminary results from gas samples indicate that the gas may be in the gas-hydrate phase.
Aker BP Senior Vice President for Exploration Gro Gunleiksrud Haatvedt confirms that the discovery is considered to be non-commercial.
The Svanefjell well is located about 230 km north of Hammerfest, the town on the Barents Sea coast. It was drilled to a vertical depth of 700 metres below the sea surface by semisubmersible rig Deepsea Stavanger.
