Equinor Makes Gas Discovery in Norwegian Sea
Equinor revealed that it has found gas in the Orn exploration well south-west of the Marulk field in the Norwegian Sea.
Recoverable resources are estimated at 8–14 million standard cubic meters of oil equivalent, or 50–88 million barrels of oil equivalent (boe), Equinor highlighted.
“This is good news. The Orn discovery proves that there are still opportunities on the Norwegian continental shelf and reconfirms the Norwegian Sea’s importance to our domestic activity,” Nick Ashton, Equinor’s senior vice president for exploration in Norway and the UK, said in a company statement.
“The discovery follows several discoveries we have made in the same area during the past years, adding considerable volumes in an area with an already developed infrastructure. This gives us the opportunity to recover the resources profitably for both the licensees and society,” he added.
Equinor highlighted that since 2017, the company has been operator of, or partner in, several discoveries in the Norwegian Sea totaling an estimated volume of 200-650 million boe.
Orn is the first exploration well in PL942, which was included in the 2017 awards in predefined areas. The licensees are Equinor (operator, 40 percent), AkerBP (30 percent) and Wellesley (30 percent).
Norway headquartered Equinor currently operates 42 fields on the Norwegian continental shelf and produces around 2.5 million barrels a day, including the volumes from its partners, according to the company’s website.
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