Equinor, Wellesly discover new oil wells in North Sea Farm

Norwegian oil and gas company Equinor and its partner Wellesley have made a new oil discovery near the Fram field in the North Sea offshore, of between 3.3 and 5.2 million standard cubic metres of recoverable oil equivalent, or around 21–33 million barrels of recoverable oil equivalent.

The discovery was made in the Troll- and Fram area in exploration wells 35/10-7 S and 35/10-7 A in the Toppand prospect, and Equinor will consider tying it to one of its existing Troll field platforms, the companies said in a statement on Friday.

“We are pleased to see that our success in the Troll- and Fram area continues. We also regard this discovery to be commercially viable and will consider tying it to the Troll B or Troll C platform,” said Geir Sørtveit, senior vice president for exploration & production west operations in Equinor. “Such discoveries close to existing infrastructure are characterised by high profitability, a short payback period and low CO2 emissions,” he added.

The wells were drilled around 8 km west of the Fram field and 140 km northwest of Bergen, the companies said. The wells are the second and third exploration well in production licence 630, which is operated by Equinor with Wellesley Petroleum as its partner.