Successes off Norway
Exploration off Norway is yielding a good crop of oil and gas discoveries.
During the past 6 weeks four interesting strikes have been made, including the first discovery in the Nordland II area, north of the Haltenbanken area off mid-Norway.
The run of success has, for once, eclipsed exploration off the U.K., where drilling activity is close to returning to the high levels of 1986.
Good timing off the U.K.
With new licenses on offer, most British wells are being drilled as tight holes. As a result, the center of U.K. attention continues to be an oil strike by Amerada Hess Ltd. in the Atlantic Ocean off the …