StatoilHydro has previously reported a discovery in the Fram area of the North Sea and Gamma at Haltenbanken. Additionally, a discovery was made at Marulk on Haltenbanken where Eni Norway is the operator and StatoilHydro has a 50% ownership stake.

The discovery at Grane was made in connection with the production license PL169 for which StatoilHydro is operator, and is named as the M prospect. An exploration well was drilled and drilling has been subsequently concluded.

Licensees in production license PL169 are StatoilHydro as the operator with 57%, Petoro with 30% and ExxonMobil with 13%.

Tim Dodson, StatoilHydro’s director of exploration in exploration and production in Norway, said: The find is a continuation of the good start to exploration activities on the Norwegian continental shelf in 2008. This find is the fourth discover we have been involved in so far this year.