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Oil discovery near Goliat unlocks further potential in Barents Sea

Sunday, December 15 2024

Fossil Energy – Barents Sea

Vår Energi confirms an oil discovery in the operated Countach appraisal well near the Goliat field in the Barents Sea.

The preliminary estimated gross recoverable resources encountered in the well are between 4 to 25 million barrels of oil equivalent (mmboe), bringing the total estimated recoverable resources in the Countach discovery to 10 to 55 mmboe.

The discovery confirms the potential of the Goliat ridge, where additional gross prospective recoverable resources of over 100 mmboe will be assessed with the planned drilling program in 2025.

The appraisal well was drilled following the Countach discovery of 3 to 13 mmboe announced in 2023, which is located about 13 kilometres northeast of the Goliat FPSO, and the results from the well increase the estimated gross recoverable resources for the discovery to between 10 to 55 mmboe. 

In addition to encountering oil in the Kobbe formation with good reservoir quality, an oil column of over 200 metres was encountered in the Klappmyss formation, which despite being of poorer reservoir quality, opens new opportunities in the deeper section of the Goliat ridge. 

To assist further development of the Goliat area, Vår Energi is planning to acquire new 3D and 4D seismic during 2025.

Related posts:

  1. Vaar Energi makes Arctic gas discovery
  2. Vår Energi granted Barents Sea drilling permit
  3. Vår Energi discovers oil in Barents Sea
  4. Kuwait announces giant oil discovery

Filed Under: Barents Sea, Goliat Field, International projects, Oil discovery, Vår Energi Tagged With: barents sea, Goliat Field, Oil Discovery, Vår Energi

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