Equinor Hits Oil Near Visund
New reserves will likely be developed via subsea tieback
Equinor struck oil in Production License 554 with a pair of wells at its Garantiana West prospect. Exploration wells 34/6‑5 S and 34/6-5 ST2 were drilled some 10 km north-east of the Visund field, with the former encountering a total oil column of 86 m in the Cook formation. The latter well encountered sandstones in the Nansen formation, but did not encounter commercial hydrocarbons. Recoverable resources are estimated at between 8 and 23 million BOE.
“This is the first Equinor-operated well in the production license, and the fifth discovery on the Norwegian continental shelf this year,” said Rune Nedregaard, senior vice president, exploration and production south. “The discovery is in line with our roadmap of exploring near existing infrastructure in order to increase the commerciality.”
Well 34/6-5 S was drilled using Seadrill semisubmersible rig West Hercules. Equinor operates the discovery; partners include Var Energi and Aker BP.