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Norway´s Equinor made an oil & gas discovery close to the Troll and Fram fields

Equinor is the largest operator on the Norwegian continental shelf and the 2nd-largest gas exporter to Europe

Norway´s Equinor made an oil & gas discovery close to the Troll and Fram fields

Source: Pixabay

Oslo, March 25 - Neftegaz.RU. Equinor, which is the operator of production licence 293 B, has discovered oil & gas close to the Troll and Fram area.

Based on preliminary estimates the size of the discovery is between 4 and 8 million standard m3 of recoverable oil equivalent, or 25-50 million barrels of recoverable oil equivalent.
The licence owners are.
  • Equinor (51%)
  • DNO (29%)
  • Idemitsu (10%)
  • Longboat Energy (10%)
Temporarily called Kveikje, this is the 6th discovery in this area since the autumn of 2019.
Up to more than 300 million barrels of oil equivalent were proven in the 5 former discoveries.
Lill H. Brusdal, Equinor’s vice president for the Troll area, said.
  • 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
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.

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