During the first five months of StatoilHydro’s 2008 drilling program, the company has made a dozen discoveries. Many are close to existing pipeline and production infrastructure. One interesting find is Obesum in the Barents Sea. The well was drilled in Block 7222/6, approximately 175 kilometers northwest of Hammerfest. The 7222/6-1 S was drilled to a total depth of 2,825 meters in 364 meters of water. It encountered hydrocarbons in Middle Triassic sandstones, but was not formation tested. Another test is planned later this year. Altogether, StatoilHydro plans more than 70 exploration wells in its 2008 program, the largest and most expensive in its history at $3.4 billion. Several discoveries have been made, with 17 wells under development, 13 on the Norwegian continental shelf and four internationally.
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