Space Industry and Business News  
OIL AND GAS
More gas found in North Sea
by Daniel J. Graeber
Stavanger, Norway (UPI) Oct 17, 2016


disclaimer: image is for illustration purposes only

A Norwegian regulator said a discovery of mostly natural gas was made in part of the North Sea not previously known to hold natural reserves

The Norwegian Petroleum Directorate, the nation's energy regulator, said a regional subsidiary of French supermajor Total discovered gas while drilling a wildcat well, a well drilled into an area not previously known to hold reserves.

"The well was drilled in the northeast part of the Martin Linge field," the NPD said in a statement.

Preliminary estimates put the size of the discovery at a maximum 388 million cubic feet. During tests, the well produced gas at a rate of 84 million cubic feet per day.

The Norwegian government approved the development plan for the Martin Linge natural gas field in the northern reaches of the North Sea in 2012. According to Total, the development of the Martin Linge license area represented a $4.2 billion investment at the time.

Natural gas from the entire field, formerly known as Hild, would be shipped by pipeline to the United Kingdom while any oil extracted would be stored offshore.

Norway is a major supplier of oil and natural gas to the European economy. The government estimates production in August was lower than the previous month, but better than expected because of closures of some fields.


Thanks for being here;
We need your help. The SpaceDaily news network continues to grow but revenues have never been harder to maintain.

With the rise of Ad Blockers, and Facebook - our traditional revenue sources via quality network advertising continues to decline. And unlike so many other news sites, we don't have a paywall - with those annoying usernames and passwords.

Our news coverage takes time and effort to publish 365 days a year.

If you find our news sites informative and useful then please consider becoming a regular supporter or for now make a one off contribution.
SpaceDaily Contributor
$5 Billed Once


credit card or paypal
SpaceDaily Monthly Supporter
$5 Billed Monthly


paypal only


.


Related Links
All About Oil and Gas News at OilGasDaily.com






Comment on this article via your Facebook, Yahoo, AOL, Hotmail login.

Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle

Previous Report
OIL AND GAS
Natural gas hydrate in the foraminifera
Beijing, China (SPX) Oct 17, 2016
Natural gas hydrates are clathrate hydrates that consist of water molecules and natural gas molecules (major constituent: methane). They are mainly distributed along continental slopes of the oceans or permafrost regions on land. Highly saturated hydrate reservoirs may be ideal alternative energy resources, which makes them an important target area for the exploitation and utilization of natural ... read more


OIL AND GAS
Lego-like wall produces acoustic holograms

Efficiency plus versatility

Achieving ultra-low friction without oil additives

Novel method creates important industrial chemicals simply, cheaply

OIL AND GAS
Canada defence dept selects Newtec for first DVB-S2X Airborne Modem

TeleCommunications Systems continues USMC satellite services

SES unveils new tactical surveillance and communications solution

Newest DARPA Challenge: 'Shift Paradigm' With Robot Radio

OIL AND GAS
Orbital ATK and Stratolaunch partner to offer competitive launch opportunities

Trusted Ariane 5 lays foundations for Ariane 6

ULA gets $860 million contract modification for expendable launch vehicle

Ariane 5 reaches the launch zone for Arianespace's October 4 liftoff

OIL AND GAS
Australia's coordinates out by more than 1.5 metres: scientist

US Air Force awards Lockheed Martin $395M Contract for two GPS 3 satellites

SMC exercises contract options to procure two additional GPS III satellites

Lockheed gets $395 million GPS III Space Vehicle contract modification

OIL AND GAS
NASA Takes Next Step in Green Aviation X-planes Plans

China's HNA in $10 bn aircraft leasing expansion deal

Poland blames Airbus for grounding chopper talks

State Dept. approves sale of Cessna AC-208 aircraft to Iraq

OIL AND GAS
Sandia, Harvard team create first quantum computer bridge

Infrared brings to light nanoscale molecular arrangement

Researchers use novel materials to build smallest transistor

Atomic sandwiches could make computers 100X greener

OIL AND GAS
Data improves hurricane forecasts, but uncertainties remain

NASA maps help gauge Italy earthquake damage

Magnetic oceans and electric Earth

DG's Basemap expanded to include 250M square kilometers at 30cm

OIL AND GAS
Scientists discover supramolecule could help reduce nuclear waste

Coffee-infused foam removes lead from contaminated water

Great Pacific Garbage Patch aerial survey yields bad news

Washing clothes releases 1000s of microplastic particles into environment









The content herein, unless otherwise known to be public domain, are Copyright 1995-2024 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. All articles labeled "by Staff Writers" include reports supplied to Space Media Network by industry news wires, PR agencies, corporate press officers and the like. Such articles are individually curated and edited by Space Media Network staff on the basis of the report's information value to our industry and professional readership. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. General Data Protection Regulation (GDPR) Statement Our advertisers use various cookies and the like to deliver the best ad banner available at one time. All network advertising suppliers have GDPR policies (Legitimate Interest) that conform with EU regulations for data collection. By using our websites you consent to cookie based advertising. If you do not agree with this then you must stop using the websites from May 25, 2018. Privacy Statement. Additional information can be found here at About Us.