More gas for Norway’s Aasta Hansteen
The remote Norwegian sea discovery has been made by Statoil
Statoil has made a third gas discovery close to its Aasta Hansteen development in the remote northern Norwegian Sea. Reserves likely to be produced by Aasta Hansteen facilities have increased by almost a third since the development decision was taken for the field, lifting project returns for Statoil and partners Wintershall, OMV and ConocoPhillips. Statoil’s latest well found gas in the Gymir structure, about 20 km west of Aasta Hansteen in the deep-water Vøring basin. The firm said the well, 6706/11-2, found a gas column of 70 metres gross with good reservoir properties. Two previous step-out discoveries — Snefrid Nord and Roald Rigg, both made this year — lie between Gymir and Aasta Hanst
Also in this section
5 December 2025
Mistaken assumptions around an oil bull run that never happened are a warning over the talk of a supply glut
4 December 2025
Time is running out for Lukoil and Rosneft to divest international assets that will be mostly rendered useless to them when the US sanctions deadline arrives in mid-December
3 December 2025
Aramco’s pursuit of $30b in US gas partnerships marks a strategic pivot. The US gains capital and certainty; Saudi Arabia gains access, flexibility and a new export future
2 December 2025
The interplay between OPEC+, China and the US will define oil markets throughout 2026
