News

World news Bookmark and Share

29.10.2018 10:25
Equinor makes a new oil discovery in the Barents Sea
AUTHOR: publics.bg

  • The Songa Enabler drilling rig
    © Jan Arne Wold / Woldcam - Equinor ASA

Equinor announced today in a press release, the completion of an exploration well in the Johan Castberg licence. The well confirms a volume of 12-25 million recoverable barrels of oil.

“This is an important discovery. It helps to determine the size of the Johan Castberg resource base which is currently being developed. Securing resources near existing infrastructure is an important part of Equinor’s ambition and strategy on the Norwegian continental shelf,” says Nick Ashton, Equinor’s senior vice president, Exploration, Norway & UK.

Skruis is the first operated exploration well drilled by Equinor with ENI and Petoro as partners, this year in the Barents Sea.

“The Skruis discovery confirms the potential in this part of the Barents Sea. Over the past couple of years, we have learned that exploration in the Barents Sea is challenging and takes patience. We still have three Equinor-operated wells and one partner-operated well left to drill in the Barents Sea. We also have a good portfolio for the next couple of years. Together with the wells we drilled in 2017, this will help clarify the potential in the remaining part of the Barents Sea,” says Ashton.

The partners will now further consider tie-in of the discovery to Johan Castberg. The Johan Castberg field is planned for start-up in 2022 and currently has full capacity up to 2026-2027. The timing of a potential development of the Skruis discovery will be adjusted to this.

“Through the Johan Castberg field development we open a new oil province in the Barents Sea, enabling us to tie in this type of small discoveries that will be highly attractive when the infrastructure is in place,” says Knut Gjertsen, project director for the Johan Castberg development.

Recoverable reserves in Johan Castberg are estimated at between 450-650 million barrels. The volumes from Skruis and the Kayak discovery from 2017 are not included in this estimate.

The exploration drilling in the Skruis (7220/5-3) well was started on 27 September by the Songa Enabler drilling rig. Production license PL532 Johan Castberg is located some 100 kilometres north of the Snøhvit field, with first oil scheduled for 2022. Equinor has ongoing operations on the prospect Intrepid Eagle in PL615 in the Hoop area of the Barents Sea, the press relrease additionally states.


TAGS: equinor | barents sea | oil | gas | natural gas | discovery | eni 


All world news

No published comments
Login to comment


Interview

20.03.2022  Teodor Bobochikov, Managing Partner, V-Ridium
Energy Transformation – Trends and drivers
Full text

Events

No records in this category!

Poll

What kind of transport do you use to get to work?











 



We use cookies to ensure we give you the best browsing experience on our website. Find out more on how we use cookies and how you can change your settings.

Cookies

What are cookies ?

A cookie is a small text file that a website saves on your computer or mobile device when you visit the site. Cookies are widely used in order to make websites work, or work more efficiently, as well as to provide information to the owners of the site.

How do we use cookies?

Website use Google Analytics, a web analytics service provided by Google, Inc. ("Google") to help analyse the use of this website. For this purpose, Google Analytics uses"cookies", which are text files placed on your computer.

The information generated by the cookies about your use of this website - standard internet log information (including your IP address) and visitor behaviour information in an anonymous form - will be transmitted to and stored by Google including on servers in the United States. Google will anonymize the information sent by removing the last octet of your IP address prior to its storage.

According to Google Analytics terms of service, Google will use this information for the purpose of evaluating your use of the website and compiling reports on website activity.

We not use, and not allow any third party to use the statistical analytics tool to track or to collect any personally identifiable information of visitors to this site. Google may transfer the information collected by Google Analytics to third parties where required to do so by law, or where such third parties process the information on Google`s behalf.

According to Google Analytics terms of service, Google will not associate your IP address with any other data held by Google.

You may refuse the use of Google Analytics cookies by downloading and installing Google Analytics Opt-out Browser Add-on. The add-on communicates with the Google Analytics JavaScript (ga.js) to indicate that information about the website visit should not be sent to Google Analytics.

Cookies are also used to record if you have agreed (or not) to our use of cookies on this site, so that you are not asked the question every time you visit the site.

Google Analytics Opt-out Browser Add-on

How to control cookies?

You can control and/or delete cookies as you wish. You can delete all cookies that are already on your computer and you can set most browsers to prevent them from being placed.

All about cookies

Managing cookies in your browser

Most browsers allow you to:
  • see what cookies you have got and delete them on an individual basis
  • block third party cookies
  • block cookies from particular sites
  • block all cookies from being set
  • delete all cookies when you close your browser

If you chose to delete cookies, you should be aware that any preferences will be lost. Also, if you block cookies completely many websites (including ours) will not work properly and webcasts will not work at all. For these reasons, we do not recommend turning cookies off when using our webcasting services.
X