In license PL921 Statoil will through drilling the Gladsheim prospect test if oil can have moved eastward from the Troll area. In PL942 in the Norwegian Sea we are aiming through drilling of the Ørn prospect to discover new resources that can be produced through the Norne installation. Statoil is also participating in the drilling a well in the PL916 at the Utsira High operated by AkerBP.

'Over the past two years we have replenished our portfolio with a number of interesting prospects. This eanbles us to maintain and increase the exploration efforts. We will this year drill or participatin in between 25-30 exploration wells on the NCS. This is an increase from the 19 we operated or participated in in 2017,' Averty says.

In APA 2017 Statoil was awarded new production licences in all of the three provinces on the NCS:

Statoil ASA published this content on 16 January 2018 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 16 January 2018 14:29:01 UTC.

Original documenthttps://www.statoil.com/en/news/16jan2018-awards-predefined-areas.html

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