More oil production due in Norwegian North Sea.(Brief Article)

Norway's state owned Den norske stats oljeselskap AS and independent Saga Petroleum AS plan to squeeze extra oil from projects in the North Sea.

Statoil asked the Norwegian government for a permit to develop two small discoveries in the Sleipner area in Block 15/9. They are the My discovery south of Sleipner fields and a Triassic reservoir in the East Sleipner development area's Loke satellite field.

My holds estimated reserves of 2.1 billion cu m of gas plus some condensate, while the Loke Triassic reservoir has estimated reserves of 2.4 billion cu m of gas plus small volumes of oil and condensate.

Statoil plans to develop My using one of the longest …