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Statoil (STO) says new seismic tools will result in 30M extra barrels of oil from its Snorre and...

  • Thursday, December 13, 2012, 9:17 AM ET
    Statoil (STO) says new seismic tools will result in 30M extra barrels of oil from its Snorre and Grane fields. ~700 km of seismic cables, delivered by Geospace Technologies (GEOS), will be placed in trenches on the seabed on these two fields, each with large remaining reserves. STO estimates it could recover additional NOK19B worth of oil on the two fields.
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This news story has 2 comments:

  •  
    Interesting how "Doodlebugging" has advanced from the early marine ops of 1963 in the north sea and off Spitzbergen.
    13 Dec 2012, 09:49 AM Reply Like
  •  
    wetfeet; true enough. Seismic exploration has been a huge benefit to the energy boom. Geophone engineers; the first men on the moon!!
    13 Dec 2012, 11:55 AM Reply Like
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