Equinor strikes fuel in North Sea wildcat wells, opening new growth potential



Odfjell’s Deepsea Atlantic rig

(WO) – Equinor and Aker BP have introduced a brand new fuel and condensate discovery within the North Sea after drilling two exploration wells on the Lofn and Langemann prospects, marking a promising begin for Manufacturing Licence 1140.

The wildcat wells—15/5-8 S and 15/5-8 A—have been drilled about 7 km north of the Eirin area and roughly 240 km west of Stavanger utilizing Odfjell Drilling’s Deepsea Atlantic rig. The license, awarded in 2022, is now seeing its first exploration outcomes.

Early estimates point out that the Lofn prospect comprises 22–63 million barrels of oil equal, whereas Langemann may maintain 6–50 million barrels. Collectively, the finds signify a significant addition to the realm’s useful resource base.

Each wells encountered fuel and condensate within the Center Jurassic Hugin Formation, confirming hydrocarbon-bearing sandstone reservoirs. Though deeper Triassic targets have been water-bearing, operators collected intensive samples and information to help additional analysis.

Equinor mentioned the businesses will now assess growth choices, together with doable tiebacks to present North Sea infrastructure—an more and more vital method for maximizing worth from smaller discoveries.

“The Lofn and Langemann discovery marks the conclusion of a robust exploration 12 months for Aker BP,” added Karl Johnny Hersvik, CEO of Aker BP. “Throughout three main discoveries, we’ve added greater than 100 million barrels internet to the corporate, together with Omega Alfa and Kjøttkake earlier this 12 months.”

“This makes 2025 our most profitable exploration 12 months since Johan Sverdrup was found in 2010. These outcomes are key to sustaining manufacturing above 500,000 barrels per day into the 2030s. The progress achieved this 12 months reinforces our confidence in delivering on that trajectory,” Hersvik mentioned.





Source link

Related articles

South Korea Blocks 27 Crypto Trade Web sites, Together with KuCoin, BitMart

South Korea’s Monetary Intelligence Unit has ordered entry restrictions on 27 web sites operated by unregistered abroad cryptocurrency exchanges, together with KuCoin, MEXC, Phemex, BingX and BitMart.London's buying and selling trade is coming dwelling!The transfer follows earlier...

Viking opens API-certified effectively completions facility in Saudi Arabia

(WO) — Viking Completion Expertise has established a brand new API-certified manufacturing, testing and repair facility in Dhahran, Saudi Arabia, increasing its capability to produce domestically manufactured effectively completion tools to operators within...

Apple TV 4K Beneficial properties Onboard Mics and Higher Processor, however Whoa, That Worth

Apple has unveiled its newest streaming field, the Apple TV 4K (fourth technology), which has a quicker processor and onboard microphones for higher integration with Siri AI. It’s coming in November for $299. The...

Michael Web page Plc (MPGPY) Q3 2026 Earnings Name Transcript

Operator Good morning, everybody, and thanks for becoming a member of us on at this time's Michael Web page Third Quarter Buying and selling Replace. My identify is Drew, and I will...
spot_img

Latest articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here

WP2Social Auto Publish Powered By : XYZScripts.com