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Monday, 02/25/2013 9:03:05 AM

Monday, February 25, 2013 9:03:05 AM

Post# of 210
8:53 AM Statoil (STO) says it has started production at the Hyme field in the Norwegian Sea a month ahead of schedule. Hyme's recoverable resources were put at 30M boe, most of it crude oil and some natural gas. The Hyme development will extend the production life of the nearby Njord field until 2020, from 2015 previously. Investments are expected at ~NOK4.5B ($799M)