Operator Statoil has completed drilling an exploration well at the Yttergryta prospect on the Norwegian Sea's Halten Terrace, and was proven to hold gas in sandstones of Jurassic age.
The preliminary estimates of the find are 1 to 3 billion standard cubic meters of recoverable gas. The well drilled to a total vertical depth of 2749 meters below the sea surface, and was drilled as a combined exploration and production well. It has been temporarily plugged. Well completion is planned in 2008. The plan is to connect the find with the infrastructure on the Åsgård field.
Statoil is operator for production license 062 with a 31.1% interest. Other licensees are Total with 24.5%, Hydro (14.7%) and Eni (9.8%). (norwaypost.no)