Aker BP, Equinor achieve modest North Sea oil find

Jan. 29, 2024
Equinor has proven oil with the first exploratory well on PL272 B in the Norwegian North Sea.

Offshore staff

OSLO, NorwayEquinor Energy has proven oil with the first exploratory well on production license 272 B in the Norwegian North Sea. However, initial indications are that the result was sub-commercial, said the Norwegian Offshore Directorate (NOD).

The Deepsea Stavanger semisub drilled the well and the subsequent sidetrack, which was dry, 40 km south of the Oseberg production complex. While Equinor operated the wells, Aker BP operates the license.

Results suggest 0.15-0.55 MMcmoe recoverable, the NOD added.

Well 30/12-3 S encountered a 3.5-m oil column in a Tarbert sandstone formation said to be of moderate reservoir quality, with an oil/water contact 3,110 m below sea level, in a water depth of 106 m. The well has since been P&A’d.

Vår Energi also had disappointing results from two exploration wells in PL 917 in the North Sea.

The aim was to prove petroleum in the Hubert prospect in the Paleocene Hermod Formation and in the Magellan prospect in Eocene injectites in the Balder Formation. Neither well penetrated a producible reservoir, and both were declared dry.

Aker BP and Equinor are the other partners.