Oil & Gas Discovery in the Barents Sea

Source: www.gulfoilandgas.com 10/13/2021, Location: Europe

Var Energi confirms discovery of oil and gas in the Rodhette exploration well in the Goliat area in the Southern Barents Sea. The exploration well proved successful with the latest preliminary estimates showing volumes between 9-12 million barrels of recoverable oil equivalents.

The discovery is significant for the area says Torger Rod, Var Energi CEO:
“With the Rodhette result, Var Energi celebrates a sixth exploration discovery this year, as the exploration team continue a successful 2021 campaign. The licensees will now assess the discovery, as well as maturing other targets in the license and the surrounding area in order to add resources for a future tie-back to Goliat.”

Goliat area
The exploration well is located approximately 30 kilometers north of the Goliat field and 5 kilometers south of the Tornerose discovery.

Rodhette was drilled in PL 901 by Scarabeo 8. The well encountered an oil & gas column of about 28 meters in the Realgrunnen subgroup within good to moderate reservoir sandstones (1882 meters below sea level).

Preliminary estimates of the size of the discovery are between 22-31 million mboe of hydrocarbon in place. Following extensive data acquisition and sampling, the well is now permanently plugged and abandoned.

Var Energi AS (operator) holds a 50% stake of the license, with Longboat Energy (20%), Concedo (20%) & Equinor (10%) making up the rest of the JV.

Var Energi is the largest independent operator on the Norwegian continental shelf with ownership in more than 136 licenses and oil and gas production from 35 fields. Var Energi is owned by Eni (69,85%) and HitecVision (30,15%).


United Kingdom >>  12/1/2021 - The second Wells Insight report, published today by the Oil and Gas Authority, highlights significant opportunities remaining in the Basin, despite Co...
Malaysia >>  11/30/2021 - PETRONAS has announced a gas discovery from its Nangka-1 wildcat exploration well in Block SK417, located in the shallow waters of Baram Province, abo...

Malaysia >>  11/30/2021 - PTT Exploration and Production Public Company Limited (PTTEP) announced a successful gas discovery from its second exploration well, Nangka-1, in Bloc...
Lebanon >>  11/29/2021 - When the Council of Ministers approved the launch of Lebanon’s Second Offshore Licensing Round in April 2019, the initial deadline to submit applicati...

United States >>  11/26/2021 - The Department of the Interior released its report on federal oil and gas leasing and permitting practices, following a review of onshore and offshore...
Jamaica >>  11/24/2021 - United Oil & Gas PLC, the growing oil and gas company with a portfolio of production, development, exploration and appraisal assets is pleased to anno...




Gulf Oil and Gas
Copyright © 2021 Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.