Equinor finds oil near gas strike off Norway
OGJ reported that Equinor and partners have found oil in the Utsira High area of the Norwegian North Sea in a well that also confirmed the 2004 Verdandi natural gas discovery on license PL 167 (OGJ Online, May 22, 2003).
Calling the find commercial, Equinor estimated the 16/1-29 S “Lille Prinsen” well found 15-35 million boe of recoverable oil in its main target.
It also found oil in a shallower layer “with very good reservoir quality” but did not evaluate quantity.
The Odfjell Drilling Deepsea Bergen semisubmersible rig drilled the 16/1-29 S well to 1,987 m vertical depth, 2,001 m measured depth below sea surface, terminating in basement rock, according to the Norwegian Petroleum Directorate. Water depth is 114 m.