CORRECTED-Statoil makes small gas discovery in N.Sea

Wed Mar 19, 2014 4:16am EDT

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(Corrects the unit to oil equivalents from gas in the first paragraph)

OSLO, March 19 (Reuters) - Oil firm Statoil has made a small gas discovery, containing between 0.5 and 2 million standard cubic metres of recoverable oil equivalents near the Visund field in the Norwegian part of the North Sea, the Norwegian Oil Directorate said on Wednesday.

Statoil has a 59-percent take in the production license, called PL 120. The other partners are U.S. major ConocoPhillips with 13 percent, France's Total with 11 percent and Norwegian state-owned firm Petoro with 17 percent. (Reporting by Gwladys Fouche, editing by Henrik Stolen)

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