Project Profile
Value: $50 Million
Startup Year: 2015
Water Depth: 390m
Location: PL 482
The Skaugumsasen oil/gas field lies on Block 6508/1 in a water depth of 1,280 feet (390 meters) in the Norwegian sector of the North Sea. Det norske operates the block with a 65% interest; while Petoro holds 20%; and Skagen holds 15%.
A discovery was made on the prospect when the well encountered a 59-foot (18-meter) gas column and a 75-foot (23-meter) oil column. Preliminary estimates of the discovery suggest recoverable volumes of 1 million standard cubic meters of oil equivalent.
Additional studies are required to determine if the discovery is economically viable.
Operators:
Det Norske Oljeselskap ASA: Operator with 65% interest
Petoro: 20% interest
Skagen44: 15% interest