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Norwegian oil discovery in the southern North Sea

The Norwegian oil company DNO has, together with its partner, discovered new oil in what is called the Othello prospect in the southern North Sea, according to the Norwegian authority Sokkeldirektoratet.

» Published: December 02 2024

Norwegian oil discovery in the southern North Sea
Photo: Marit Hommedal AP/TT

The oil discovery was made with the help of a test drilling of a well and a so-called boundary well. The find is estimated to be 25-57 million barrels of oil equivalents and the licensed companies in the area will now evaluate a possible expansion of existing facilities in the large oil field where the test drilling took place.

DNO Norge has the operator's license, but the field also includes the companies Petoro, Aker BP and Source Energy as co-owners.

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By TTThis article has been altered and translated by Sweden Herald
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