Equinor and partner Neptune have struck oil in the Sigrun East prospect in the North Sea. Recoverable resources are estimated at between 7 and 17 million barrels of oil equivalent.
“Sigrun East is a win-win. Exploring near existing infrastructure we prove resources that can be profitably realized, while producing with low CO2 emissions,” says Equinor’s senior vice president for exploration in Norway and the UK, Nick Ashton.
The average CO emissions per produced unit on the Norwegian continental shelf is around half compared to the international average. Equinor’s goal is to reduce total greenhouse gas emissions from operated fields and onshore facilities in Norway by 40 percent by 2030.
“We have said that we aim to be an industry leader on carbon-efficient production. Sigrun East contributes towards this end. Calculations so far indicate that we will manage to produce the oil with carbon emissions below 8 kg/barrel,” Ashton says.
Exploration wells 15/3-12S and 15/3-12AT2 in production licence PL025/187 were drilled some 11 kilometres south-east of the Gudrun field.