March 21, 2012
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№ 1 (January 2012)

Norway Positive on Results of Barents Sea Seismic Survey

Results from first seismic survey in earlier disputed part of the Barents Sea are promising. Geologist and Director General Bente Nyland of the Norwegian Petroleum Directorate likes what she sees. Nyland presented the 2011 results from the Norwegian continental shelf on Monday.

By Barents Observer

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"Last year was a year of surprises for the oil industry, and can best be characterized as an “annus hurrahbilis”, Bente Nyland said at the presentation.

With two new oil discoveries in the western part of the Barents Sea, the Arctic is on the brink of becoming Norway’s new petroleum province. Last winter Statoil announced a major discovery at the Skrugard field and last week another discovery at the nearby Havis field.

The maritime delimitation treaty between Norway and Russia in the Barents Sea and Arctic Oceans entered force on July 7th 2011, and few minutes after midnight on July 8th, seismic vessels started the mapping of the area in the southeastern part of the Norwegian sector. Norway is very eager to map the new part of its continental shelf. 11.500 kilometers of two-dimensional (2D) seismic was acquired by the Petroleum Directorate in the area during summer and autumn last year.

The image presented by Bente Nyland on Monday is the first made public from the seismic survey.

"What you see here is an image that gives stars the eyes of a geologist, Nyland told the audience", reports Dagens Næringsliv. She will not confirm that the image shows oil and gas, but hints clearly that it might be oil and gas.

The seismic surveys in the areas will continue in 2012. The entire Norwegian shelf 2011 presentation including maps of areas in the Barents Sea where from the seismic surveys took place is posted at the directorate’s portal.
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