Equinor has made a profitable oil discovery related to Oseberg Vestflanken.
The well was drilled by the Askepott rig and the discovery will soon be put on stream via the new, unmanned and remote-operated H platform on the Oseberg field.
Included in the Oseberg Vestflanken phase 2 project, the exploration extension well 30/6-H-9-T4 proved a 112-metre oil column in a segment that has not been tested before. Oil was proven in the Statfjord formation in southern parts of the Alpha structure on Oseberg.
Reservoir characteristics are excellent with high oil saturation. Recoverable resources are estimated at 22 million barrels of oil. The partners will consider water injection to further increase recoverable volumes.
“This discovery improves the Oseberg Vestflanken resource base. It can be put on stream with limited investments and adds significant value to the partnership. We are combining drilling of exploration and production wells to achieve highly profitable exploration wells at low cost,” says Gunnar Nakken, vice president for the operations west cluster of Equinor.
“Discoveries as these underline the importance of near-field exploration. Our ambition is to maintain profitable production from the Norwegian continental shelf (NCS) for several decades. A major contribution will come from wells that are drilled at low cost and close to existing infrastructure,” says Nakken.