DOW JONES NEWSWIRES 
 

The Norwegian Petroleum Directorate said Monday that StatoilHydro has made an oil and gas discovery in the North Sea at Wilcat Well 30/9-22.

 
   MAIN FACTS: 
 

- The well proved gas in Upper Jurassic reservoir rocks, as well as gas and oil in the upper part of the Brent group.

- The proven recoverable volumes are 8M-13M Sm3 oil equivalents, with most of the resources located in the upper part of the Brent group.

- The discovery has not been tested, but extensive data collection and sampling have been carried out.

- The discovery will probably be developed and produced as a tie-in to one of the seabed facilities in the Oseberg area.

- The water depth at the site was 95 metres. The well will now be permanently plugged and abandoned.

- Well 30/9-22 was drilled by the Polar Pioneer drilling facility, which will now proceed to production licence 120 in the North Sea to drill development well 34/8-B1 AHT2 on the Visund field, operated by StatoilHydro Petroleum AS.

-By Stockholm Bureau, Dow Jones Newswires; +46-8-5451-3090; djnews.stockholm@dowjones.com