Fresh North Sea gas discovery yields up to 10 million barrels of oil equivalent

Gullfaks A platform in North Sea Credit: Torstein Lund Eik/Equinor

Norwegian state-owned energy giant Equinor has actually struck gas in the North Sea, near a current field, that might provide up to 10.3 million barrels of oil equivalent (boe) utilizing existing facilities on the Norwegian Continental Shelf (NCS).

Equinor and its partners have actually found gas at the Gullfaks South field, 190 kilometers northwest of Bergen. The expedition well, officially called 34/10-D -4 BH, was drilled as a sidetrack in connection with the drilling of a production well.

The Askeladden rig has actually drilled the well within the production license for Gullfaks, so it has the exact same owners, which are Equinor, Petoro, and OMV.

Based upon the operator’s information, in between 0.5 million and 1.6 million basic cubic meters of recoverable oil equivalents have actually been found, representing 3.3 to 10.3 million barrels of oil equivalent.

Gunnar EggeEquinor’s Vice President for the Gullfaks Field, commented: “It is extremely favorable that it is possible to make discoveries of this size with such affordable expedition wells.

“These will pay barrels that can assist keep activity and production on the Gullfaks field.”

This discovery comes by a month after Equinor, Aker BP, and Vår Energi collaborated to try to find the next significant hydrocarbon discoveries on the Norwegian Continental Shelf, targeting as much as 25 high-impact expedition potential customers over the next couple of years.

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