MOL makes north sea discovery

RIG ZONE | MOL Norge AS and its co-venturers have discovered oil and gas in the Norwegian sector of the North Sea approximately 124 miles (200 kilometers) west of Stavanger, parent company MOL Group reported Wednesday.

MOL Norge holds a 40-percent working interest and operates the exploration well, located in the Production License (PL) 820S area, MOL Group stated. Other members of the joint venture (JV) include Lundin Norway AS (40 percent), Wintershall Dea Norge AS (10 percent) and Pandion Energy AS (10 percent).

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