Eni Makes New Discovery in Barents Sea

Italian energy company Eni has made a new discovery in the PL532 license, southwest of the Johan Castberg field.

The new discovery was made via well 7219/9-2, which is located approximately 14 miles southwest of the discovery well of Johan Castberg in the Barents Sea.

The purpose of exploring the Kayak prospect was to test the hydrocarbon potential of the Cretaceous Sequence. The well located oil in two sandstone intervals of 88 foot and 59 foot thickness in a Cretaceous sequence.

Preliminary estimates of the size of the discovery are between 100 and 180 million barrels of oil in place (25 – 50 million barrels of oil recoverable), with further potential to be evaluated. Extensive data capture and fluid sampling has been conducted in the well.


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