Statoil

Oil was discovered in the 7220/7-2S well at the Skavl prospect in the Barents Sea about 240 km northwest of Hammerfest. The well has a proved 72-ft gas column and a proved 76-ft oil column in the Jurassic Tubåen formation, with good reservoir quality, and a 436-ft oil column in the Triassic Fruholmen formation, with poor reservoir quality. Operator Statoil estimates the prospect holds 20 to 50 million bbl of recoverable oil. Partners are Statoil (50%), Eni Norge (30%), and Petoro (20%).


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