One of the most high-profile wells to be drilled in 2017 was Statoil's (STO) Korpfjell exploration well in the Barents Sea. The well found only a small non-commercial volume of gas, and contributed to a year of disappointing results for the region. In 2018, there are no similar multi-billion barrel potential prospects scheduled to be drilled; however, we do see a sustained commitment to the Barents, with seven exploration wells confirmed and options for a further five wells announced to date. Statoil and Lundin (LNDNF) remain as key explorers in the region, but Aker BP