Equinor makes gas find in the North Sea
Equinor and its licence partners Source Energy and Wellesley Petroleum have discovered gas and condensate by Kvitebjørn field in the North Sea
Based on preliminary estimates the proven reserves are between 3 and 10 million standard cubic metres of recoverable oil equivalent, corresponding to 19-63 million barrels of oil equivalent.
“It is encouraging to see that we are able to keep proving more resources in one of the most mature areas on the Norwegian continental shelf. Now we will work on evaluating the potential for profitable and CO2 efficient recovery,” says Nick Ashton, Equinor’s senior vice president for exploration in Norway and the UK.
The exploration well 30/2-5 S Atlantis was drilled approximately 17 kilometres south of the Kvitebjørn field and 10 kilometres north of Huldra.
This is the first exploration well to be drilled in production licence 878. The licence was awarded in the Awards in Predefined Areas 2016 (APA 2016).
The well was drilled by the West Hercules drilling rig, which is moving on to drill exploration well 35/11-24 S, a prospect named Swisher, in production licence 248 C.
The licence owners of production licence 878 are Equinor Energy AS (60 per cent), Source Energy (20 per cent) and Wellesley Petroleum AS (20 per cent).
KEEPING THE ENERGY INDUSTRY CONNECTED
Subscribe to our newsletter and get the best of Energy Connects directly to your inbox each week.
By subscribing, you agree to the processing of your personal data by dmg events as described in the Privacy Policy.
More oil news

China’s Oil Teapots Cut Runs to Pandemic Levels After Sanctions

China Refiners Set to Resell US Oil Cargoes After Tariff Blitz

Shell starts up new facility in UK North Sea, restoring production from the Penguins field

Oil Falls to Lowest Settlement Price of 2025 as Traders Flee

Oil Falls After Trump Delays Canada, Mexico Tariffs by a Month

Wright Confirmed to Lead Energy Agency Key to Trump’s Plans

Oil Rises as Trump Slaps Tariffs on Biggest Crude Supplier to US

UAE’s Adnoc Aims to Buy Nova Chemicals, Roll Into Deal With OMV

Ukrainian Drone Surge Highlights Russian Oil Refining Risk
