facebook
twitter
rss
account
search
search
 

RWE boasts of Norwegian Sea gas find

April 27, 2012 at 6:50 AM   |   Comments

HAMBURG, Germany, April 27 (UPI) -- At least 140 billion cubic feet of natural gas is expected from a discovery in the Norwegian Sea, stated German energy company RWE Dea Norge.

The company announced it finished drilling a well in production license area 435 in the Norwegian Sea on the Zidane 2 prospect. Preliminary estimates of the discovery range from 140 billion-450 billion cubic feet of recoverable natural gas.

Ralf to Baben, chief operating officer of RWE Dea, said the company had high expectations from the Norwegian field.

"This is good news indeed," he said of the latest discovery.

The well was drilled to a depth of 14,875 feet below the sea surface in water depths of 1,300 feet.

The company said it would assess the results of the well before moving with field development plans.

By developing Zidane, we will get our first own-operated Norwegian field on stream, and we have high ambitions in both exploration and production for the years to come," said to Baben.

© 2012 United Press International, Inc. All Rights Reserved. Any reproduction, republication, redistribution and/or modification of any UPI content is expressly prohibited without UPI's prior written consent.
Most Popular
1
Freedom variant LCS takes to water Freedom variant LCS takes to water
2
MDA demos tracking, targeting capability of Aegis MDA demos tracking, targeting capability of Aegis
3
Australia upgrading Tiger helos; receives MH-60R from U.S. Australia upgrading Tiger helos; receives MH-60R from U.S.
4
Statoil makes oil find in North Sea Statoil makes oil find in North Sea
5
CNN absent from the Dish Network lineup CNN absent from the Dish Network lineup
Trending News
Around the Web
x
Feedback