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  <h1>Gas found in Verdandi</h1> 
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    <div class="date-module"> <span class="date_module-icon fa fa-calendar"></span> <span>June 30, 2003, 16:20 CEST</span> 
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     <p>Minor quantities of gas were proven in Palaeocene rocks by Statoil’s recently-completed wells on the Verdandi prospect in Norwegian North Sea block 16/1.</p> 
     <p>The 16/1-6S and 16/1-6A spuddings were intended to investigate possible oil deposits. Small amounts of gas were found in 16/1-6S, while the other failed to yield hydrocarbons.</p> 
     <p>Drilled 70 kilometres north-east of the Sleipner area, both wells have now been permanently plugged and abandoned.</p> 
     <p>“We made a small gas discovery which isn’t commercial today,” says Frode Fasteland, exploration manager for the North Sea in Exploration &amp; Production Norway.</p> 
     <p>Started on 22 May, drilling was carried out from <em>Borgland Dolphin</em> to a depth of 1,878 metres below sea level for 16/1-6S and 1,993 for 16/1-6A. Both wells terminated in Cretaceous rocks.</p> 
     <p>Statoil carried out the work on behalf of production licence 167, which was awarded as part of the 13th offshore licensing round in 1991.</p> 
     <p>The group has an 80 per cent interest in the licence, with Det Norske Oljeselskap holding the remaining 20 per cent.</p> 
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