Wintershall hits oil at Hibonite

Wintershall, a unit of BASF, has made an oil discovery offshore Denmark that is estimated to contain approximately 100 million bbls of oil, according to a statement released by the company. The well, which probes the Hibonite structure, is situated some 278 km west of the Danish port of Esbjerg.

The well drilled to a total depth of 4431 m in water 52 m deep lies only a few kilometres from the Ravn discovery, which was appraised in 2009. It has been suggested that the proximity with the Ravn discovery could lead to a ‘cluster development approach.’

At present, Wintershall has no oil or gas production offshore Denmark. The company operates in the Norwegian, UK, German and Danish North Sea zones.

Edited from various sources by David Bizley

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