Equinor and partners Lundin and Spirit Energy have struck oil in the PL 167 licence at the Utsira High in the North Sea.
The discovery is currently estimated to contain 15-35 million barrels of recoverable oil equivalent.
“We are very pleased to announce the first Equinor discovery,” says Nicholas Ashton, Equinor’s senior vice president, Exploration, Norway & UK.
“This is a good discovery which we expect will be commercial. In addition, the results from the drilling indicate an upside potential in this discovery,” Ashton points out.
The Lille Prinsen well is located 200 kilometres west of Stavanger and north-west of the Johan Sverdrup field. The discovery in the well’s main target is estimated to contain 15-35 million barrels of recoverable oil.