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To: saganite

See below.... this was from December as I recall. They’re starting all over again in the North Sea.

With relatively little fanfare on the international stage, Lundin Petroleum and Statoil (and partners) have just recently jointly discovered one of the largest oil fields ever found in the North Sea. The Aldous Major South - Avaldsnes discovery on the Utsira High structure is currently estimated to contain 1.7 to 3.3 billion barrels of recoverable oil. The astonishing thing about this discovery is that it has lain undiscovered in a mature oil province for so long providing ample encouragement for explorers to go on exploring.


6 posted on 01/12/2012 3:59:52 AM PST by Recon Dad (Gas & Petroleum Junkie)
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To: Recon Dad

Interesting. I wonder if the oil companies were just sitting on it until the other fields were pumped out or maybe extraction of this newly discovered oil will be more difficult. Good news in any case.


7 posted on 01/12/2012 4:04:41 AM PST by saganite (What happens to taglines? Is there a termination date?)
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