Location of the well in the Barents Sea. Source: Statoil

Showdown at Korpfjell

Location of the well in the Barents Sea. Source: Statoil

Community undecided about commercial discovery

August 20, 2017

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Statoil spudded the Korpfjell prospect at the beginning of August. The prospect is considered one of the most interesting in the Barents Sea this year. The community is very engaged and many bets have been placed on the  WellBet on Korpfjell since the launch.

A clear majority of almost 90% of the participants is convinced that oil or/and gas will be found. However, almost exactly half of the participants expect the discovery to be a commercial one whereas the other half is sceptical. Soon we will have the answer as the drilling operation will conclude shortly.

Follow the Geobuzz link to place your own bet and to see the status quo of the community prediction.

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