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

My Retirement Portfolio Yields 9%, Boosted By PFFA

This text was written byObserveRida Morwa is a former funding and business Banker, with over 35 years of expertise. He has been advising particular person and institutional purchasers on high-yield funding methods since...

UK Traders Get Around the Clock Entry to 110 US Shares with IG

Government Interview with Andres Jimenez from Swiset | iFX EXPO Worldwide 2025 Government Interview with Andres Jimenez from Swiset...

Stablecoins discover product-market match as $250B a day now in sight and Wall Avenue is aware of it

Stablecoins are lastly reaching product market match within the West. Whereas stablecoins have discovered appreciable utilization and influence all through the creating world, the US, UK, and Europe have lagged behind by...

Congo indicators $23 billion hydrocarbon take care of China’s Wing Wah

The Republic of the Congo has signed a $23 billion hydrocarbon take care of Chinese language oil and fuel firm Wing Wah for the built-in improvement of the Banga Kayo, Holmoni and Cayo...

Expertise & Innovation Summit kommt nach London

Gerade wenn Sie denken, dass Sie bereits alles gesehen haben – postpandemische Katerstimmung, geopolitische Konflikte und die Volatilität des...
spot_img

Latest articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here

WP2Social Auto Publish Powered By : XYZScripts.com