Norway Today

Since 2016News, finance, culture and everyday life — Norway explained in English.

Significant amounts of gas and oil found in the Norwegian Sea

Between 71 and 157 million barrels of oil equivalents have been found at Haltenbanken in the Norwegian Sea, the oil company Wintershall Dea reports.

Significant amounts of gas and oil found in the Norwegian Sea
Photo: Carina Johansen / NTB

The discoveries have been made in the Dvalin Nord prospect at Haltenbanken, 270 kilometers north of Kristiansund. 

The findings are close to two other fields that Wintershall Dea operates, and they have begun investigating development solutions.

The discovery in the primary target contains resources of between 33 and 70 million barrels of oil equivalents. 

In addition, hydrocarbons were discovered in two shallower, secondary targets, with a total resource estimate of between 38 and 87 million barrels of oil equivalents, the company stated in a press release.

Source: © NTB Scanpix / #Norway Today / #NorwayTodayNews

Do you have a news tip for Norway Today? We want to hear it. Get in touch at [email protected]

TOPICS: Oil discoveryWintershall Dea

More from News

All coverage