Statoil makes small gas discovery in North Sea

OSLO: Oil firm Statoil has made a small gas discovery, containing between 0.5 and 2 million standard cubic metres of recoverable gas, near the Visund field in the Norwegian part of the North Sea, the Norwegian Oil Directorate said on Wednesday.

Statoil has a 59-percent take in the production license, called PL 120.

The other partners are US major ConocoPhillips with 13 percent, France's Total with 11 percent and Norwegian state-owned firm Petoro with 17 percent.