Statoil Reports Oil Discovery In Verbier Sidetrack On UK Continental Shelf

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Statoil and partners have made an oil discovery in the Verbier sidetrack well in the outer Moray Firth on the UK Continental Shelf, proving a minimum of 25 million recoverable barrels of oil in the immediate vicinity of the wellbore. The preliminary results suggest the discovery could range anywhere between 25 and 130 MMbbl of…

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