Heilo prospect

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Location off Norway
Heilo field
CountryNorway
LocationBarents Sea
Block7123/6
7124/4
Offshore/onshoreOffshore
Coordinates71°35′16.16″N 24°05′56.84″E / 71.5878222°N 24.0991222°E / 71.5878222; 24.0991222Coordinates: 71°35′16.16″N 24°05′56.84″E / 71.5878222°N 24.0991222°E / 71.5878222; 24.0991222
OperatorGDF Suez E&P Norway AS
PartnersGDF Suez
North Energy
Rocksource
Front Exploration
Repsol
Production
Estimated oil in place308 million barrels (~4.20×10^7 t)

Heilo prospect is an oil exploration area in the Barents Sea off Norway. It is located east of the Goliat field and northwest of the Nucula oil and gas field.[1]

The licence is owned by GDF Suez E&P Norway AS (30%), North Energy ASA (20%), Rocksource (20%), Front Exploration AS (20%), and Repsol Exploration Norway AS (10%). Operator is GDF Suez E&P Norway AS.[1][2]

Drilling started in September 2011 by using semi-submersible Aker Barents. The prospect is expected to hold about 308 million barrels (49.0×10^6 m3) of oil equivalent.[2]

References[]

  1. ^ Jump up to: a b "Norway: Barents Heilo prospect spuds on Goliat trend". Oil & Gas Journal. PennWell Corporation. 2011-09-16. Retrieved 2011-09-18.
  2. ^ Jump up to: a b Marshall, Steve (2011-09-16). "Drilling starts on Heilo". Upstream Online. NHST Media Group. (subscription required). Retrieved 2011-09-18.
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