Statoil ASA (NYSE:STO) has recently made a gas discovery in the Iskrystall field in the Barents Sea. The field is operated by Statoil with a 50 percent share in joint venture with Eni Norge AS (30 percent share) and Petoro AS (20 percent).
"Well 7219/8-2, drilled by the drilling rig West Hercules, has proved an approximately 200 metre gas column. After completion of Iskrystall, the West Hercules rig will move back to the production license 532 to drill the Skavl prospect. Skavl is situated approximately 5 km south of the Skrugard discovery (now part of Johan Castberg)," reports Statoil ASA (NYSE:STO).
Iskrystall is one of the four prospects in Johan Castbern area
The...

