Equinor announces ninth successful discovery well in Troll/Fram area of North Sea since 2019

Must Read

OilNOW
OilNOW
OilNOW is an online-based Information and Resource Centre

Equinor has unveiled its latest discovery in the Troll/Fram region of the northern North Sea. This marks the ninth successful well out of 12 attempts in this area since 2019.

The newly discovered reserves are estimated to contain between 9 and 35 million barrels of oil equivalent. Notably, the discovery comprises both oil and gas, with a predominant presence of oil. Given the commercial viability of this discovery, the licensees are now contemplating tie-back options to other discoveries and leveraging the existing infrastructure in the vicinity.

Equinor strengthens footing in Brazil with acquisition of Rio Energy | OilNOW

This exploration endeavour was conducted at the Crino/Mulder prospect, situated approximately 4 kilometres (km) west of the Fram field and a significant 130 km northwest of Bergen. The Deepsea Stavanger drilling rig was instrumental in the drilling process.

Equinor, the operator (45%) of the licence, is in a joint venture with Vår Energi (25%), INPEX Idemitsu Norge (15%), and Neptune Energy Norge (15%) on the license.

Norway approves US$18.5 billion in projects to sustain European supply amid Russian energy backlash | OilNOW

Geir Sørtveit, Equinor’s senior vice president for Exploration & Production West, expressed his optimism about the discovery. He stated, “It is positive that we can still make such discoveries in an area with a good oil and gas infrastructure, allowing the discoveries to be developed at low costs and with low CO2 emissions.”

For those keeping track, the eight preceding discoveries in this region include Echino South, Swisher, Røver North, Blasto, Toppand, Kveikje, Røver South, and Heisenberg.

- ADVERTISEMENT -
[td_block_social_counter]
spot_img

Partnered Events

Latest News

Guyana, India to explore cooperation in hydrocarbons sector

Guyana and India signed memoranda of understanding (MoU) for cooperation in multiple sectors, including hydrocarbons. The signings were executed...

More Articles Like This