Italy-based oil and gas company Eni has completed the drilling of an appraisal well in the Skrugard discovery in the Barents Sea.
The 7220/5-1 well, located about 3km from the Skrugard-1 discovery, was drilled to a total depth of 1,740m at a water depth of 388m.
The well has confirmed a gas column of 25m, overlaying an oil column of about 48m in the middle-lower Jurassic reservoir, Stø and Nordmela Formations.
The aim of the appraisal well was to prove the hydrocarbon extension in the middle section of the Skrugard structure, which was successfully drilled by the NFW well 7220/7-1 last year.
Intensive data collection and sampling have been carried out in the well-bore and Eni said that the results show a high-quality reservoir. This confirms that the Skrugard discovery holds around 250 million barrels of recoverable oil, as well as some ten billion cubic metres of associated and free gas.
The total resource estimate for the Skrugard combined with the Havis structures discovered at the beginning of this year are now in the range of 500 million barrels of recoverable oil.
These will enable the licence partners to carry out an efficient development plan and put resources rapidly into production.
Eni said that a new exploration campaign is scheduled to start in PL532 licence before the end of the year, which will drill new wells able to discover additional hydrocarbon volumes to be tied into a future production hub.