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Oselvar is an offshore oil field located 250 km (160 mi) southwest of Stavanger in the southern Norwegian section of North Sea, close to the British border. Oselvar was discovered in 1991. The field is also at 23 kilometres (14 mi) distance from Ula field to which it is tied up to via subsea pipeline. Estimated reserves at Oselvar stand at 38 million barrels of oil and 4 billion cubic metres of natural gas. The water depth at location is 72 metres (236 ft).
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