Major new oil discovery in the Barents Sea

Well 7220/7-1, drilled by the drilling rig Aker Barents, has proved a 48m-gas column and a 128m-oil column. Statoil estimates the volumes in Havis to be between 200 and 300 million barrels of recoverable oil equivalents. The provisional, updated total volume estimate for the Skrugard and Havis discoveries in PL532 is approximately 400-600 million barrels of recoverable oil equivalents. 
"Havis is our second high impact oil discovery in the Barents Sea in nine months. The discovery's volume and reservoir properties make it Skrugard's twin. Skrugard and Havis open up a new petroleum province in the North," says Helge Lund, president and CEO of Statoil ASA. 
Havis lies approximately 7km southwest of the Skrugard discovery, made in April 2011. While the two finds are in the same production licence, the Havis find forms an independent structure, Statoil said, with no communication between the two discoveries.
“The Havis discovery boosts the development of Skrugard as a versatile new centre with processing and transport capacity. We are about to realise the Barents Sea as a core area on the Norwegian continental shelf,” says Statoil’s Erik Strand Tellefsen, vice president for the Skrugard development.