Financial Energy Review
ConocoPhillips has made a gas condensate discovery in the central Norwegian Sea, 27 km (16.8 mi) southwest of Aker BP’s Skarv field.
ConocoPhillips has made a gas condensate discovery in the central Norwegian Sea, 27 km (16.8 mi) southwest of Aker BP’s Skarv field.
The semisubmersible Leiv Eiriksson drilled well 6507/4-1 (Warka) – the first on production license 1009 – in 400 m (1,312 ft) of water.
According to the Norwegian Petroleum Directorate (NPD), in the primary exploration target, the well penetrated a 27-m (88.6 ft) gas column in sandstone layers in the Early Cretaceous Lange formation, with apparently moderate reservoir quality.
Preliminary estimates place the size of the discovery between 50 and 190 MMboe recoverable, according to ConocoPhillips.
Matt Fox, executive vice president and COO of ConocoPhillips, said this could be the largest discovery on the Norwegian continental shelf this year.
ConocoPhillips Skandinavia AS is operator of the license with 65% working interest and PGNiG Upstream Norway AS holds 35% working interest.
The Warka discovery is 35 km (22 mi) northwest of the Heidrun field.
The Warka discovery is 35 km (22 mi) northwest of the Heidrun field.
(Courtesy Norwegian Petroleum Directorate)
The licensees will assess the discovery in relation to other nearby prospects with a view to a potential development through existing infrastructure.
The Leiv Eiriksson has P&A’d the well and will now drill another wildcat for the company, 6507/5-10 S (Slagugle) in Norwegian Sea license PL 891.
ConocoPhillips Skandinavia AS is operator of production license 891 with 80% working interest and Pandion Energy AS holds 20% working interest
