Equinor and companions ENI and Petoro have accomplished the Skruis exploration effectively within the Johan Castberg licence. The effectively confirms a quantity of 12-25 million recoverable barrels of oil.
“This is a crucial discovery. It helps to find out the dimensions of the Johan Castberg useful resource base which is at the moment being developed. Securing assets close to current infrastructure is a crucial a part of Equinor’s ambition and technique on the Norwegian continental shelf,” says Nick Ashton, Equinor’s senior vp, Exploration, Norway & UK.
Skruis is the primary operated exploration effectively drilled by Equinor this yr within the Barents Sea.
“The Skruis discovery confirms the potential on this a part of the Barents Sea. Over the previous couple of years, we have now discovered that exploration within the Barents Sea is difficult and takes persistence. We nonetheless have three Equinor-operated wells and one partner-operated effectively left to drill within the Barents Sea. We even have a great portfolio for the following couple of years. Together with the wells we drilled in 2017, this may assist make clear the potential within the remaining a part of the Barents Sea,” says Ashton.
The companions will now additional think about tie-in of the invention to Johan Castberg. The Johan Castberg area is deliberate for start-up in 2022 and at the moment has full capability as much as 2026-2027. The timing of a possible growth of the Skruis discovery will likely be adjusted to this.
Recoverable reserves in Johan Castberg are estimated at between 450-650 million barrels. The volumes from Skruis and the Kayak discovery from 2017 are usually not included on this estimate.
The exploration drilling within the Skruis (7220/5-Three) effectively was began on 27 September by the Songa Enabler drilling rig. Production license PL532 Johan Castberg is positioned some 100 kilometres north of the Snøhvit area, with first oil scheduled for 2022. Equinor has ongoing operations on the prospect Intrepid Eagle in PL615 within the Hoop space of the Barents Sea.
(Source and picture: Equinor – Songa Enabler/Jan Arne Wold)

The publish SKRUIS: IMPORTANT OIL DISCOVERY IN THE BARENTS SEA appeared first on Energy Global News.

Read more at Source link


Please enter your comment!
Please enter your name here