Dry appraisal wells in the Barents Sea

Posted on May 19, 2008

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I use to get press releases from the Norwegian Petroleum Directorate and today came another one of these releases that tell us that the well was dry. This time it was more interesting then usual as this well was in the Barents Sea. CERA and others are claiming that the Barents Sea is full of oil and gas. It looks as we have to wait for a new giant discovery. The Russian giant gas field Stockman was first announced to western experts in 1989, and we don’t know when it will be developed.

Press release from NPD
Information about Oil and Gas in the Barents Sea can you get by UNEP

Posted in: Dagsaktuellt