Equinor Finds Oil and Gas in North Sea

Key highlights
  • Byrding C discovery holds 4–8 million barrels of recoverable oil.
  • Frida Kahlo discovery contains 5–9 million barrels of oil equivalent in gas and condensate.
  • Frida Kahlo well to start production by April.
  • Recent Sleipner wells estimate 55–140 million barrels of oil equivalent.

Discoveries in the North Sea

Equinor has made significant discoveries in the North Sea, identifying oil in the Troll area and gas and condensate in the Sleipner area. These findings are deemed commercial and benefit from existing infrastructure for export to Europe.

Troll Area Insights

The Byrding C discovery, located five kilometers northwest of the Fram field in the Troll area, is estimated to contain 4–8 million barrels of recoverable oil. Since 2018, Equinor has drilled 26 exploration wells in the extended Troll area, achieving a discovery rate of over 70% with 19 successful finds.

Sleipner Area Developments

The Frida Kahlo discovery, drilled from the Sleipner B platform, is estimated to hold 5–9 million barrels of oil equivalent in gas and condensate. Production from this well is expected to commence by April. Recent exploration in the Sleipner area has resulted in four discoveries, including Lofn, Langemann, Sissel, and Frida Kahlo, with combined resources estimated at 55–140 million barrels of oil equivalent.

Exploration Techniques

Advanced exploration techniques, such as Ocean Bottom Node (OBN) seismic, 4D seismic, and reprocessing of existing data, have enhanced the understanding of the subsurface on the Norwegian continental shelf. These methods have contributed to the exploration success in both the Sleipner and Troll areas, supporting ongoing energy supply and exploration efforts.

Source: Equinor

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