UK oil firm’s new North Sea discovery
An oil firm has announced a discovery at one of its exploration well in the UK North Sea, more than 150km offshore from Aberdeen.
The Bonneville well was drilled to a total depth of 4,481 feet and Premier Oil found approximately 30 million barrels of oil, which it claims is in line with its pre-drill predictions.
The firm has also discovered gas in the Matang-1 exploration well in Indonesia, which will now be tested.
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Source: Energy News Live