Energy
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Gas Discovery in Pingvin

Gas Discovery in PingvinGas Discovery in Pingvin

Operator Statoil has together with PL713 partners made a gas discovery in the Pingvin prospect in the Barents Sea. The discovery is a play opener in a frontier unexplored area of the Barents Sea northwest of Johan Castberg. Statoil estimates the volumes in Pingvin to be in the range of 30-120 million barrels of recoverable oil equivalent, Neftogaz reported.

 

Financialtribune.com