Search results for: Jez Averty

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  • 3 July 2017
    Exploration & Production, Project & Tenders

    Statoil and partners Eni and Petoro have made an oil discovery in the Kayak well in the Johan Castberg license, offshore Norway.  Statoil received consent from the Petroleum Safety Authority to drill the Kayak well with the Songa Enabler drilling rig in April and a drilling permit from the Norwegian Petroleum Directorate in early June. Totaling […]

  • 19 March 2015
    Business & Finance

    Statoil has announced today that it successfully bid on 14 leases in the U.S. Department of the Interior’s central region Gulf of Mexico lease sale 235, which occurred in New Orleans, LA yesterday, March 18, 2015. “The acreage high bid today, completes our ownership of the Monument prospect, brings additional prospects in to our portfolio […]

  • 3 July 2017
    Operations & Maintenance, Research & Development

    Statoil and partners Eni and Petoro have made an oil discovery in the Kayak well in the Johan Castberg licence, in the Barents Sea, offshore Norway. Totaling between 25 and 50 million barrels of recoverable oil equivalents, the discovery may provide valuable additional volumes for the Johan Castberg development, Statoil said. The Kayak well has […]

  • 7 August 2017

    Norwegian energy company and LNG operator Statoil and partners OMV and Petoro have made a small gas discovery in the Gemini North well, northeast of the Wisting discovery in the Barents Sea. The well, drilled in license PL 855, also proved oil. This is the first well drilled in the acreage awarded in Norway’s 23rd […]

  • 29 August 2017

    Norwegian energy company and LNG operator Statoil and its partners have made a small, non-commercial gas find in the Korpfjell well in the Barents Sea. 

  • 10 April 2015
    Business & Finance, Operations & Maintenance

    Statoil has made an oil discovery in its Miocene Yeti prospect located in the Gulf of Mexico (GoM). “The Yeti discovery expands the proven sub-salt Miocene play further south and west of the Big Foot field,” says Jez Averty, Statoil’s senior vice president, exploration for North America. “We are analysing data to determine the size […]

  • 17 July 2017

    Norwegian energy company and LNG player Statoil, with its partners Eni and Petoro, made a small gas discovery in the Blåmann well, between the Snøhvit and Goliat fields in the Barents Sea.

  • 7 August 2017
    Business & Finance, Operations & Maintenance

    Statoil and partners OMV and Petoro have made a small gas discovery in the Gemini North well, northeast of the Wisting discovery in the Barents Sea. The well also proved oil. The well was drilled in license PL 855. This is the first well drilled in the acreage awarded in Norway’s 23rd licensing round. “The […]

  • 17 July 2017
    Business & Finance, Operations & Maintenance

    Statoil and partners ENI and Petoro have made a small gas discovery in the Blåmann well, between the Snøhvit and Goliat fields in the Barents Sea. Recoverable volumes are estimated at 1.5-3 billion standard cubic metres (BCM), approximately 10-20 million barrels of oil equivalent (BOE). The well was drilled in licence PL 849, awarded in […]

  • 18 October 2018
    Business & Finance

    Equinor has signed an agreement with PGNiG to sell its non-operated interests in the Tommeliten discovery on the Norwegian Continental Shelf (NCS) for $220 million.

  • 9 April 2015
    Exploration & Production, Project & Tenders

    Statoil has made an oil discovery in its Miocene Yeti prospect located in the U.S. Gulf of Mexico (GoM). “The Yeti discovery expands the proven sub-salt Miocene play further south and west of the Big Foot field,” says Jez Averty, Statoil’s senior vice president, exploration for North America. “We are analysing data to determine the […]

  • 6 September 2016

    Norwegian oil firm Statoil is increasing its share in OMV’s Barents Sea oil discovery – the Wisting. Statoil is acquiring an increased Wisting share through the acquisition of Tullow Oil’s ownership in four blocks offshore Norway. Wisting is located in PL537 in the Barents Sea. “This transaction reflects our strong belief in the exploration potential […]

  • 17 July 2017
    Exploration & Production

    Norwegian oil company Statoil has made a small gas discovery in the Blåmann well, between the Snøhvit and Goliat fields, in the Barents Sea off Norway.  Statoil kicked off its offshore exploration campaign in the Barents Sea off Norway with the Blåmann well in May. Recoverable volumes are estimated at 1.5-3 billion standard cubic meters (BCM), approximately […]

  • 7 May 2014
    Business & Finance

    Statoil has announced that it has started its latest Gulf of Mexico exploration campaign. It started drilling Martin, a high-impact prospect, on 20 April. “We consider Martin one of the top prospects in our global portfolio,” says Jez Averty, senior vice president of exploration for Statoil in North America. “Since acquiring this prospect in 2012, […]

  • 19 April 2016
    Equipment

    Norwegian oil company Statoil has revealed a new subsea concept that promises to reduce costs and increase efficiency. Cap-X, as the concept is named, enables subsea standardization, something Statoil has called for as a way of reducing costs, which is of utmost importance for oil and gas operators at these times of lower oil prices. According […]

  • 17 January 2017
    Operations & Maintenance, Research & Development

    Statoil has made an oil and gas discovery close to Norne estimated at between 20 and 80 million barrels, one year after the licence award. “It’s great kicking off the new year with a discovery,” said Jez Averty, senior vice president for exploration in Norway and the UK. The drilling of the Cape Vulture exploration […]

  • 7 May 2014
    Business & Finance, Operations & Maintenance, Research & Development

    Statoil announced that it has started its latest Gulf of Mexico exploration campaign. It started drilling Martin, a high-impact prospect, on 20 April. “We consider Martin one of the top prospects in our global portfolio,” says Jez Averty, senior vice president of exploration for Statoil in North America. “Since acquiring this prospect in 2012, we’ve […]

  • 30 August 2016

    Norwegian oil company Statoil aims to conduct a major exploration campaign in several parts of the Barents Sea in 2017. During the past months, Statoil has increased its share in several licenses in the Norwegian part of the Barents Sea through agreements with Point Resources, DEA, OMV, and ConocoPhillips. Statoil has increased its interest in five […]

  • 7 August 2017
    Exploration & Production

    Norway’s Statoil has made a small, non-commercial, gas discovery in the Gemini North well, northeast of the Wisting discovery in the Barents Sea. The well also proved oil, Statoil said on Monday. “The well was drilled with the ambition of proving up additional oil resources in the vicinity of the Wisting discovery, but like the previous […]

  • 3 December 2015

    Norwegian oil company Statoil has delivered its application for the 23rd licensing round on the Norwegian continental shelf to the Norwegian authorities. The Ministry of Petroleum and Energy is expected to announce the awards late first half of 2016. The round represents the first opening of new acreage on the Norwegian continental shelf (NCS) since 1994. […]

  • 18 May 2016

    Norwegian oil company Statoil has been awarded acreage in five production licences in the Barents Sea, following today’s announcement of results of the 23rd offshore licensing round in Norway. Statoil will operate all five licences and has obligation to drill five exploration wells. “The Norwegian continental shelf (NCS) is the core of Statoil’s business, and […]

  • 29 August 2017
    Business & Finance, Operations & Maintenance

    Statoil and partners have proven a small, non-commercial gas volume in the Korpfjell well in the Barents Sea southeast. Korpfjell is the first exploration well drilled in the Norwegian section of a formerly disputed area between Norway and Russia. “Korpfjell is a structure of a size seldom seen on the Norwegian Continental Shelf and has […]