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24. mai 2012 09:31:06
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Statoil decides not to drill oil well in Norway's Snohvit gas field

Produksjonsanlegget på Melkøya ved Hammerfest

Produksjonsanlegget på Melkøya ved Hammerfest. Arkivfoto: Eililv Leren

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Statoil ASA said it has decided not to go ahead with the possible drilling of an oil well in Norway's Snohvit gas field because a recent reassessment of the situation has shown it not to be economically viable. Snohvit, located in the Barents Sea off the north coast of Norway, contains a thin oil zone that the Norwegian oil directorate has said it would like to extract before gas production starts…

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