Equinor has discovered light oil at the Egyptian Vulture play in the Norwegian Sea in the Lower Cretaceous (Cenomanian) Intra-Lange formation.
Equinor has discovered light oil at the Egyptian Vulture play in the Norwegian Sea in the Lower Cretaceous (Cenomanian) Intra-Lange formation. The top of the reservoir was at a vertical depth of 3684 m below sea level with 13 m net sand in a 37 m oil-filled gross interval. The upper part of the Lange sand interval has a high net-to-gross ratio. Data acquisition and preliminary analysis of the oil sample indicates very light oil. The operator’s preliminary estimate of recoverable resources is 19 to 63 MMboe (gross) and the oil-in-place volume has been estimated at 220 to 440 MMboe (gross). Further appraisal could significantly increase the resource estimate for this laterally extensive discovery measuring approximately 80 km2 as defined by the seismic amplitude anomaly. The well was drilled 20 km from the Åsgard field and 23 km from the Kristin field.
Vår Energi has drilled wildcat well 7122/6-3 S about 10 km south of the 7122/6-1 (Tornerose) discovery in the Barents Sea and 100 km northwest of Hammerfest. The objective of the well was to prove oil and gas in the Realgrunnen Subgroup in reservoir rocks from the Late Triassic to Middle Jurassic Age. Well 7122/6-3 S encountered a 28-m oil and gas column in the Stø Formation from the Early to Middle Jurassic period, of which 22 m were sandstone layers of moderate-to-good reservoir quality. The discovery is estimated at between 1.4 and 1.9 million standard cubic metres (Sm3) of recoverable oil equivalent. Water depth at the site is 427 m.
Longboat Energy has made an oil discovery with the Mugnetind exploration well in licence PL906 in the Southern North Sea. Exploration well well 7/11-14 S encountered hydrocarbons in the Upper Jurassic Ula Formation. The Ula formation was reached at a vertical depth of 3985 m below sea level and consisted of a 28 m gross section with 14 m of net sandstone of moderate-to-good quality. The reservoir section in Mugnetind is thinner than predicted as a thick coal layer was encountered immediately under the reservoir. Mugnetind was drilled on a seismic anomaly, which had been identified as either hydrocarbon-filled reservoir or coal. The find is estimated to contain recoverable resources of between 5 and 11 MMboe.
Gazprom Neft and RusGazDobycha have signed a joint venture to develop the Tambeyskoye field in the Yamal Peninsula, with gas production scheduled to start in 2026. Gas contained in Tambeyskoye is characterized by high ethane content.
Aker BP has made an oil discovery 17 km southwest of the Bøyla field in the North Sea, and 230 km west of Stavanger. The primary exploration target was to prove petroleum in reservoir rocks from the Palaeocene in the Hermod Formation. The secondary exploration target was to prove petroleum in reservoir rocks from the Palaeocene in the Heimdal Formation. In the primary exploration target, the well encountered the Hermod Formation in a thickness of about 75 m. A 38-m oil column was proven in a total of 20 m of sandstone, with very good to extremely good reservoir properties. In the secondary exploration target, the well encountered a total of 34 m of aquiferous sandstone with good reservoir properties in the Heimdal Formation. Preliminary calculations show approx. 0.8 million standard cubic metres (Sm3) of recoverable oil equivalent.
