Norway: New find, new geology

A WELL drilled in the northern part of the North Sea in August discovered gas and appears to have established a new – and very shallow – geological play for Norwegian waters. Hydro, the operator, said its 35/2-1 well had "proved a large gas deposit and chances for a commercial development are considered good". The discovery, named Peon, lies about 130 km north of the Troll field and well south of Ormen Lange, the nearest Norwegian Sea field, in an area where there are no producing fields. The discovery – in water 384 metres deep – was made at a depth of only 687 metres below sea-level, the Norwegian Petroleum Directorate (NPD) says. This makes the Peon structure the shallowest ever drilled i