Heilo prospect

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]

Location off Norway
Heilo field
CountryNorway
LocationBarents Sea
Block7123/6
7124/4
Offshore/onshoreOffshore
Coordinates71°35′16.16″N 24°05′56.84″E
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)

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