ConocoPhillips proves oil close to North Sea Balder field

Jan. 14, 2020
ConocoPhillips Skandinavia has discovered a small oil and gas accumulation 10 km (6.2 mi) northwest of the Balder field in the central Norwegian North Sea.

Offshore staff

OSLO, NorwayConocoPhillips Skandinavia has discovered a small oil and gas accumulation 10 km (6.2 mi) northwest of the Balder field in the central Norwegian North Sea.

The semisubmersible Leiv Eiriksson drilled well 25/7-8 S in 126 m (413 ft) of water on production license 917, 200 km (124 mi) west of Stavanger.

According to the Norwegian Petroleum Directorate (NPD), the well encountered several oil and gas-bearing intervals with independent columns in the Nansen and Eiriksson formations, and gas in the Skagerrak formation.

At Mid-Jurassic level, the well penetrated thin gas-bearing sandstone layers.

The NPD estimates recoverable resources at 1-5 MMcmoe.

This was the first exploration well on the concession.

The Leiv Eiriksson will next drill wildcat well 25/7-9 S in the same license for ConocoPhillips.

01/14/2020