Fossil Energy – Gas Discovery
Equinor has made a commercially viable gas discovery by the Gina Krog field in the North Sea.
The recoverable volumes are estimated to be between 5 og 16 million barrels of oil equivalent. The well was drilled by the Noble Lloyd Noble rig.
The discovery is considered commercially viable, partly because it can make use of existing infrastructure by the Gina Krog platform. The well has been drilled as a development well with exploration target, and the plan is to put the well into production during the fourth quarter of 2023.
Preparations have already been carried out on Gina Krog so that the well can quickly start production.
“The discovery will help extend the lifetime and strengthen the profitability of Gina Krog and is important for the entire Sleipner area. It will quickly bring new gas to Europe with good profitability and low CO2 emissions from production. Gina Krog is already electrified and has spare capacity. This shows how important it is to explore in mature areas on the Norwegian continental shelf,” says Camilla Salthe, senior vice president for field life extension in Equinor.