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Norway: Gas Discovery Conoco Phillips Discovers Gas Offshore Norway

Editor: Ahlam Rais

The new discovery well is estimated to contain between 50 and 190 million barrels of recoverable oil equivalent. Further appraisal is scheduled to be conducted in order to determine potential flow rates, the reservoir’s ultimate resource recovery and plans for development.

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Conoco Phillips Skandinavia is operator of the license with 65 % working interest and Pgnig Upstream Norway holds 35 % working interest.
Conoco Phillips Skandinavia is operator of the license with 65 % working interest and Pgnig Upstream Norway holds 35 % working interest.
(Source: Deposit Photos)

Houston/USA – Conoco Phillips has recently announced a new gas condensate discovery in production license 1009 located 22 miles northwest of the Heidrun Field and 150 miles from the coast of Norway in the Norwegian Sea. Conoco Phillips Skandinavia is operator of the license with 65 per cent working interest. Pgnig Upstream Norway holds 35 per cent working interest.

The discovery well, 6507/4-1 (Warka), was drilled in 1,312 feet of water to a total depth of 16,355 feet. Preliminary estimates place the size of the discovery between 50 and 190 million barrels of recoverable oil equivalent. Further appraisal will be conducted to determine potential flow rates, the reservoir’s ultimate resource recovery and plans for development.

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“We have built a strong position on the Norwegian shelf since the discovery of the Ekofisk Field in 1969 and we are a very active industry operator and partner across the North Sea and the Norwegian Sea,” said Matt Fox, executive vice president and chief operating officer. “This discovery, potentially the largest on the Norwegian Continental shelf this year, bolsters our position in the Norwegian Sea and the Heidrun area. The Warka discovery and potential future opportunities represent very low cost of supply resource additions that can extend our multi-decade success on the Norwegian Continental Shelf.”

The Warka well was drilled by the Leiv Eiriksson drilling rig, which upon completion of the well will proceed to drill exploration well 6507/5-10 S (Slagugle) in production license 891, which is located 14 miles north-northeast of the Heidrun Field. Conoco Phillips Skandinavia is operator of production license 891 with 80 per cent working interest and Pandion Energy holds 20 per cent working interest.

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