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18.03.2015

Snefrid Nord well in the Norwegian Sea encounters natural gas
Strengthening of the Aasta Hansteen area / Estimated volumes: 31-57 million barrels of recoverable oil equivalent  

Stavanger. Wintershall is continuing its course as one of the most successful exploration companies in Norway and announces a new gas discovery in the Norwegian Sea. The estimated volumes in Snefrid Nord range between 31 and 57 million recoverable barrels of oil equivalent. Drilled by Transocean Spitsbergen, discovery well 6706/12-2 has hit a 105-metre gas column in the Nise Formation.

The Snefrid Nord discovery is located in the immediate vicinity of Aasta Hansteen and represents a further strengthening of the largest current development project in the Norwegian Sea. According to the operator Statoil, the discovery increases the resource base for Aasta Hansteen by around 15% and will prolong its production plateau. Gas from Aasta Hansteen and surrounding fields will be exported to shore via the Polarled pipeline development. Wintershall has a 24% shareholding in Aasta Hansteen and a 13.3% share of Polarled.

The Snefrid Nord discovery is located in the Vøring area of the Norwegian Sea. Wintershall has a 24% working interest in licence PL218, the operator is Statoil (51%). The other partners are OMV (Norge) AS (15%) and ConocoPhillips Skandinavia AS (10%).  

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