The well was drilled by the ‘Deepsea Stavanger’ drilling rig, about 25 km southwest of the Oseberg field in the North Sea and 150 km west of Bergen.
More Exploration news
Exploration spend (excluding appraisal) will recover from historic lows to average US$22 billion per annum in real terms over the next five years, according to a new report from Wood Mackenzie.
Abu Dhabi National Oil Company (ADNOC), the State Oil Company of Azerbaijan (SOCAR) and TotalEnergies have announced a strategic transaction that will see ADNOC acquire a 30% equity stake in the Absheron gas and condensate field in the Caspian Sea.
After completion of this transaction, which is subject to the approval by the relevant authorities, TotalEnergies will own a 35% interest in Absheron gas field, alongside SOCAR (35%) and ADNOC (30%).
Spending on conventional oil and gas exploration is rebounding and is expected to top US$50 billion this year, according to Rystad Energy.
Trillion energy has announced farm-in agreement for three oil exploration blocks in southeast Turkey.
OMV have announced a new gas discovery in Austria, representing the country’s largest natural gas discovery in 40 years.