Lundin Petroleum AB (LUPE.SK) Thursday said it has struck oil at the Viper prospect in the Norwegian North Sea.
The size of the find is estimated at between 5 million and 10 million barrels of recoverable oil. “It is likely that the discovery will be developed as a subsea tieback to the Alvheim floating production storage and offtake unit,” Lundin Petroleum said.
Read the whole story on at the Wall Street Journal.
The Norwegian American
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