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.
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.
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.