Oil Explorers Get Best Results in Norway Since 2010 Bonanza
- Most efficient exploration since year of giant Sverdrup find
- Explorers on track for 1 billion barrels of oil, gas in 2018
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Oil companies in Norway have more to rejoice about than just higher crude prices: they’re now boasting the best exploration results in almost a decade.
If they keep that pace up, explorers could find close to 1 billion barrels of new oil and gas this year for the first time since the landmark discovery of the giant Johan Sverdrup oil field in 2010.