New oil and gas discovery by the North Sea Troll and Fram area
Equinor, which is the operator of production licence 293 B, has discovered oil and gas close to the Troll and Fram area.
Based on preliminary estimates the size of the discovery is between 4 and 8 million standard cubic metres of recoverable oil equivalent, or 25-50 million barrels of recoverable oil equivalent.
The licence owners are Equinor (51%), DNO (29%), Idemitsu (10%) and Longboat Energy (10%).
Temporarily called Kveikje, this is the sixth discovery in this area since the autumn of 2019. Up to more than 300 million barrels of oil equivalent were proven in the five former discoveries.
We are very pleased to make another discovery in this area that we regard to be commercial.
“As we did with the other discoveries in this area, we will consider tying this discovery to the Troll B or C platform. By utilising the existing infrastructure, we will be able to recover these volumes at a low cost and with low emissions,” says Brusdal.
There were several drilling targets in the exploration well. After Kveikje was discovered, drilling continued to the next target in the upper part of the Cretaceous stratigraphic sequence. Smaller deposits of petroleum were discovered that are considered as non-commercial. The well has been permanently plugged and abandoned.
The well was drilled by Deepsea Stavanger.
Plans call for Equinor to drill another exploration well in this area this year.
Latest news
Hammerfest LNG to resume operations in a week
The extensive repairs at Melkøya have been completed, but the run-up of the plant takes somewhat longer than planned.
Equinor signing strategic collaboration agreement with Aibel
To ensure a close and long-term collaboration, Equinor and Aibel have entered into a strategic collaboration agreement.
Empire Wind selects Edison Chouest Offshore to provide plug-in hybrid service operations vessel
Empire Offshore Wind, a joint venture between Equinor and bp, has awarded a long-term service operations vessel charter agreement to US marine transportation provider, Edison Chouest Offshore (ECO).