Latest Barents Sea gas discovery not the ‘direct hit’ Statoil expected

Despite the success of its Kayak discovery and traces of oil in the
Gemini North, Statoil ASA says its latest Korpfjell well in PL859 came
in as a noncommercial gas discovery.
Jez Averty, Statoil’s head of exploration in Norway and the UK, said,
“We have so far not had a direct hit that may result in a new standalone
field development.”