Vår Energi makes oil and gasoline discovery in Norwegian Sea


Vår Energi has made a industrial gasoline and condensate discovery within the Vidsyn exploration nicely, positioned near the Vår Energi-operated Fenja discipline within the Norwegian Sea. The invention is the third industrial discovery for Vår Energi to this point in 2025 and can be evaluated as a possible tie-in to Fenja. 


The invention was made on the Vidsyn ridge, which has the potential to carry as much as 100 million barrels of oil equal (MMboe) gross. The Vidsyn nicely confirms found recoverable assets within the vary of 25 to 40 MMboe gross, that are thought of industrial. The remaining potential of the ridge can be assessed by way of an appraisal program, to facilitate for a fast-track growth.

The nicely encountered excellent high quality reservoirs with over 200 m of hydrocarbon column. The invention is positioned updip of a earlier exploration nicely, offering a transparent framework confirming commerciality and supporting additional analysis of the broader Vidsyn ridge. The reservoir comprises top quality gas-condensate solely eight km from the present Fenja subsea infrastructure, which is tied into the Njord host facility.

“Vidsyn is an thrilling discovery unlocking a a lot bigger potential alongside the ridge in our operated Fenja space and including high-value barrels to be developed leveraging present infrastructure by which Vår Energi holds vital fairness,” mentioned Vår Energi’s SVP of Exploration, Luca Dragonetti.

The invention helps the corporate’s infrastructure-led exploration strategy and strengthens its place within the Norwegian Sea.

“We’re actively exploring on this space and are presently maturing new prospects,” added Dragonetti. “The Vidsyn discovery is the consequence of our disciplined and selective exploration technique centered on increasing our skill to ship worth by way of proximity to present infrastructure.”

The companions within the license are Vår Energi (operator, 75%) and DNO ASA’s wholly-owned subsidiaries DNO Norge AS (7.5%) and Sval Energi AS (17.5%).





Source link

Related articles

Motorsport Video games Inc. 2026 Q2 – Outcomes – Earnings Name Presentation (NASDAQ:MSGM) 2026-08-15

This text was written byComply withSearching for Alpha's transcripts workforce is chargeable for the event of all of our transcript-related initiatives. We at present publish hundreds of quarterly earnings calls per quarter on...

Claude is getting bold with watermarking, and I can odor the issues from a mile away

Anthropic desires to make AI-generated textual content simpler to determine, and on paper, I've little or no purpose to complain. The corporate is experimenting with an invisible watermark that may be baked instantly...

Gentle Up Your Area for Much less With As much as 45% Off Govee Lights

Save as much as 45%: Govee’s Again to Faculty sale is now reside, and the model is providing as much as 45% off a variety of its lighting options. A ton of indoor...

Tokenized Shares Attain 1.3M Holders as Quantity Surges

The variety of tokenized inventory holders has greater than doubled over the previous month to 1.31 million, in response to RWA.xyz knowledge.Month-to-month switch quantity surged almost 180% over the identical interval to $23.13...

3 Key classes for traders and merchants

A inventory can beat Wall Road’s earnings estimates and nonetheless fall sharply. One other firm can miss an estimate and rally. This isn't essentially irrational. Inventory costs reply to how outcomes evaluate with...
spot_img

Latest articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here

WP2Social Auto Publish Powered By : XYZScripts.com