Norwegian oil and gas firms Equinor and Aker BP have made a gas and condensate discovery close to the operating Balder field in the North Sea, the Norwegian Offshore Directorate, the regulator of the industry in Norway, said on Monday.
Equinor and Aker BP had an exploration well drilled in a production license 16 kilometers (10 miles) northwest of the Balder field and 205 kilometers (127 miles) west of Stavanger, a major oil services hub in Norway.
Preliminary estimates indicate the size of the discovery is between 0.1 and 2.1 million standard cubic meters (Sm3) of recoverable oil equivalent, the Norwegian regulator said.
The licensees are now reviewing the result from the well and the other wells previously drilled in the license to consider further exploration potential in the production license.
Norway, Equinor, Aker BP, and other producers in the Norwegian Continental Shelf (NCS) continue to pursue drilling and development in areas close to existing infrastructure to fast-track potential new projects by tie-backs to operational platforms.
#norway #license #close #field
Equinor and Aker BP had an exploration well drilled in a production license 16 kilometers (10 miles) northwest of the Balder field and 205 kilometers (127 miles) west of Stavanger, a major oil services hub in Norway.
Preliminary estimates indicate the size of the discovery is between 0.1 and 2.1 million standard cubic meters (Sm3) of recoverable oil equivalent, the Norwegian regulator said.
The licensees are now reviewing the result from the well and the other wells previously drilled in the license to consider further exploration potential in the production license.
Norway, Equinor, Aker BP, and other producers in the Norwegian Continental Shelf (NCS) continue to pursue drilling and development in areas close to existing infrastructure to fast-track potential new projects by tie-backs to operational platforms.
#norway #license #close #field
1 day ago
