ConocoPhillips Makes Significant Gas Discovery Offshore Norway

ConocoPhillips wildcat discovers significant natural-gas condensate resource.

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ConocoPhillips announced a new natural-gas condensate discovery in production license 1009, located 22 miles northwest of the Heidrun oil and gas field and 150 miles offshore Norway in the Norwegian Sea.

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

“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,” said Matt Fox, executive vice president and chief operating officer.

The drilling operation, which was permitted to ConocoPhillips in August 2020, was performed by the Transocean-managed Leiv Eiriksson semisubmersible rig.

ConocoPhillips Skandinavia AS is the main operator of the license with a 65% working interest; PGNiG Upstream Norway AS holds the remaining stake.