ConocoPhillips makes Norway oil discovery of up to 200 million barrels

So much for the peak oil hoax! The Norwegian Sea oil fields have been heavily explored and drilled since 1851. It is thus a great surprise that new oil reservoirs were discovered in those fields!

"... It was the second petroleum discovery made by ConocoPhillips in the Norwegian Sea in two months. In November, the U.S. firm found natural gas southwest of the Skarv field."

ConocoPhillips makes Norway oil discovery of up to 200 million barrels | Reuters ConocoPhillips made an oil discovery in the Norwegian Sea north of the Heidrun field, the country’s Petroleum Directorate (NPD) said on Tuesday.