Norway-based oil and gas company Vår Energi, along with its partners, has announced a significant gas/condensate discovery in the Vidsyn prospect in the Norwegian Sea.
The discovery was made by the wildcat well 6406/11-2 S, drilled within production licence 586, approximately 8km west of the Vår-operated Fenja field.
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The licence was awarded in 2011, and this is the eighth exploration well drilled in the area.
The partners in the licence include Vår Energi (operator, 75%) and DNO’s wholly owned subsidiaries DNO Norge (7.5%) and Sval Energi (17.5%).
The Deepsea Yantai rig was utilised for the drilling operations.
Preliminary estimates suggest the discovery holds recoverable reserves of 25–40 million barrels of oil equivalent (mboe) and has the potential to hold up to 100mboe gross.
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By GlobalDataThe remaining potential of the discovery will be evaluated through an appraisal programme to enable expedited development.
The licensees will evaluate the discovery alongside nearby prospects for potential development, leveraging existing infrastructure.
Vår Energi SVP exploration Luca Dragonetti said: “Vidsyn is an exciting discovery unlocking a much larger potential along the ridge in our operated Fenja area and adding high-value barrels to be developed leveraging existing infrastructure in which Vår Energi holds significant equity.
“We are actively exploring in this area and are currently maturing new prospects. The Vidsyn discovery is the consequence of our disciplined and selective exploration strategy focused on expanding our ability to deliver value through proximity to existing infrastructure.”
The key goal of the exploration was to identify petroleum in the lower-to-middle Jurassic reservoir rocks of the Ile Formation (Fangst Group).
Additionally, the team aimed to discover petroleum in the lower Jurassic reservoir rocks of the Tilje and Tofte Formations (Båt Group).
The well reached a vertical depth of 3,857m below sea level, terminating in the Åre Formation dating back to the Late Triassic period.
The water depth at the drilling site was 310m.
The well encountered a column of gas/condensate measuring around 110m in the Ile Formation, within a 145m thick sandstone reservoir with moderate-to-good properties.
The petroleum/water was identified at a depth of 3,513m beneath sea level, with the total column surpassing 210m.
However, the secondary targets in the Tilje and Tofte formations only revealed water-bearing sandstones with moderate reservoir quality.
DNO executive chairman Bijan Mossavar-Rahmani said: “Vidsyn is another exciting addition to our string of Norway discoveries.
“Together with Vår Energi, we will work hard to put it into production faster than is the norm in Norway.”
Earlier in the year, Vår Energi unveiled an oil discovery at the Zagato exploration well, which is located near the Goliat field in the Barents Sea.
