Equinor Finds Gas at Gullfaks South in North Sea Sidetrack
· Oil & Gas · Norway
Equinor and its partners Petoro and OMV have discovered an estimated 3.3 million to 10.3 million barrels of recoverable oil equivalent in gas at Norway's Gullfaks South field, using an exploration sidetrack drilled during work on a production well. The discovery was announced October 8 and lies 190 kilometers from the Norwegian coast in the northern North Sea. It would help maintain production and activity at the 40-year-old Gullfaks production license, one of Norway's legacy fields. The find underscores the role of targeted exploration and sidetrack drilling in extending the life of mature North Sea assets as the basin's output naturally declines.
Why it matters:Mature North Sea fields are in steady decline, so discoveries that can be tied back to existing infrastructure are economically important for Norway's production outlook and for the partners involved.
Key points
- Recoverable resources estimated at 3.3 million to 10.3 million barrels of oil equivalent.
- Discovered via a sidetrack during production well work.
- Field is 190 kilometers off Norway in the northern North Sea.
Sources (original reporting)
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