Gas and Condensate Discovery by Kvitebjørn Field in the North Sea

July 13, 2020 | Oil & Gas | Energy Facts Staff Writer | 2min

Equinor and its licence partners Source Energy AS and Wellesley Petroleum AS have discovered gas and condensate in exploration well 30/2-5 S Atlantis. Based on preliminary estimates the proven reserves are between 3 and 10 million standard cubic metres of recoverable oil equivalent, corresponding to 19-63 million barrels of oil equivalent.

“It is encouraging to see that we are able to keep proving more resources in one of the most mature areas on the Norwegian continental shelf. Now we will work on evaluating the potential for profitable and CO2 efficient recovery,” says Nick Ashton, Equinor’s senior vice president for exploration in Norway and the UK.

The well was drilled approximately 17 kilometres south of the Kvitebjørn field and 10 kilometres north of Huldra.