Det norske oljeselskap

Latest Det norske oljeselskap News

• Lundin Petroleum estimates the Clapton prospect to contain unrisked, gross, prospective resources of 65 million barrels of oil equivalent (MMboe).

• Well 2/8-18 S is Faroe Petroleum's first operated well in Norway and will target the Clapton Prospect located in PL440 S in block 2/8, approximately 5 km east of the Eldfisk East Field and 10 km north of the Valhall Field.

• High pressure zones were encountered in the well.

• The plan is to develop the field with a seabed facility tied in to the Jotun field.

• The main focus is to jointly deliver a common field development plan to the Norwegian authorities for sanctioning by the government.
• Statoil has been elected as working operator for the pre-unit phase. Lundin Norway is the operator of PL501 and also has an interest in PL265.

• Aker Solutions has won a contract from Det norske oljeselskap to conduct a front-end, engineering and design (FEED) study for the Draupne field on the Norwegian continental shelf.

• Det norske oljeselskap has acquired a 10 percent interest in Production Licence (PL) 531 from RWE Dea Norge.

• Det norske oljeselskap ASA has received the go-ahead to develop Jette.

• 2011 was a very good year for Det norske oljeselskap ASA. The company's resource base tripled, and Det norske succeeded in securing long-term financing.

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