Equinor has, along with its companions Petoro, ExxonMobil and Total, confirmed gasoline and condensate within the Norwegian Sea Ragnfrid North (6406/2-9 S) exploration properly. Recoverable sources are estimated at 6-25 million barrels of oil equal.
“We are happy to start out the brand new yr by asserting a brand new discovery. Exploring for sources near present infrastructure is a central a part of Equinor’s technique to additional develop the Norwegian continental shelf (NCS). We want this type of discoveries within the years to return,” says Nick Ashton, Equinor’s senior vice chairman for Norway and the UK.
Ragnfrid North is situated round 20 kilometres south of the Kristin platform within the Norwegian Sea. The discovery will assist make clear the useful resource base within the space for the following years.
“Ragnfrid North will, along with the previous discoveries Lavrans and Erlend East, give a extra detailed image of the potential on this space of the Norwegian Sea,” says Ashton.
The licence companions will now consider the invention for growth and tie-in to the Kristin area and additional maturing of the Kristin South mission.
“The Ragnfrid North discovery will enhance the likelihood of discovery for different prospects and pave the way in which for extra drilling operations on this central a part of the Norwegian Sea. This is one thing we are going to take into account going ahead whereas additional analysing the outcomes. The NCS nonetheless presents nice potential,” says Ashton.
Exploration drilling in Ragnfrid North 6406/2-9 S began on three October and the properly was drilled by the West Phoenix rig in manufacturing licence 199. West Phoenix is now being moved to the UK continental shelf to drill the Equinor-operated Bigfoot prospect south of the Mariner area.

The publish EQUINOR FINDS GAS AND CONDENSATE AT RAGNFRID NORTH appeared first on Energy Global News.

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