Norwegian government says there’s more oil than initially estimated in the Edvard Grieg field in the North Sea. Map courtesy of the Norwegian Petroleum Directorate. April 24 (UPI) — Results of a well on the Edvard Grieg oil field in the North Sea led to an increase in the estimated reserve potential, the Norwegian government said. The Norwegian Petroleum Directorate said it was assessing the results of an appraisal well drilled in the central waters of the North Sea about 1.5 miles from the platform designated for the Edvard Grieg oil field. Edvard Grieg was proven as an oil field in 2007 and, according to the NPD, operator Lundin Petroleum put the reserve estimate at 220 million barrels of oil equivalents. Based on the results from the latest appraisal well, the NPD said the reserve estimate was revised upwards by between 10 million and 30 million barrels of recoverable […]