According to the statement, recoverable resources are estimated at 6 million – 25 million boe.
Equinor’s Senior Vice President for Norway and the UK, Nick Ashton, said: “We are pleased to start the new year by announcing a new discovery. Exploring for resources close to existing infrastructure is a central part of Equinor’s strategy to further develop the Norwegian continental shelf (NCS). We need this kind of discoveries in the years to come.”
Ragnfrid North is located approximately 20 km south of the Kristin platform in the Norwegian Sea. The discovery will reportedly help to clarify the resource base in the area for the next few years.
Ashton added: “Ragnfrid North will, together with the former discoveries Lavrans and Erlend East, give a more detailed picture of the potential in this area of the Norwegian Sea.”
Equinor claims that the licence partners will now evaluate the discovery for development and tie-in to the Kristin field and further maturing of the Kristin South project.
Ashton said: “The Ragnfrid North discovery will increase the probability of discovery for other prospects and pave the way for more drilling operations in this central part of the Norwegian Sea. This is something we will consider going forward while further analysing the results. The NCS still offers great potential.”
Exploration drilling on the well commenced on 3 October last year. The well was drilled by the West Phoenix rig in production licence 199. West Phoenix is now reportedly being moved to the UK continental shelf to drill the Equinor-operated Bigfoot prospect south of the Mariner field.
Read the article online at: https://www.lngindustry.com/liquid-natural-gas/16012019/gas-and-condensate-discovery-made-offshore-norway/