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31 July 2023

Equinor's Ninth Oil and Gas Discovery Shines in North Sea

Equinor has achieved yet another milestone with a new discovery in the Troll/Fram area located in the northern North Sea. This significant find marks the ninth successful well in this region, out of 12 attempts made since 2019.

The estimated volumes from this discovery range between 9 and 35 million barrels of oil equivalent (MMboe). This remarkable find encompasses both oil and gas, with a predominant presence of oil. Licensees view this discovery as commercially viable and are considering options for tie-back to other discoveries and existing infrastructure in the area.

Exploration efforts led to the drilling of one exploration well with a side-track in the Crino/Mulder prospect, located approximately 4 kilometers west of the Fram field and 130 kilometers northwest of Bergen. The Deepsea Stavanger drilling rig played a crucial role in this endeavor. Equinor operates the license, and partners include Vår Energi, INPEX Idemitsu Norge, and Neptune Energy Norge.

Geir Sørtveit, Equinor’s senior vice president for Exploration & Production West, expressed optimism, stating, "It is positive that we can still make such discoveries in an area with a good oil and gas infrastructure, allowing the discoveries to be developed at low costs and with low CO2 emissions."

The eight previous discoveries in the area include Echino South, Swisher, Røver North, Blasto, Toppand, Kveikje, Røver South, and Heisenberg, all contributing to Equinor's growing success in the North Sea.