Oil and Gas Discovery Close to North Sea Fram Field

October 7, 2020 | Oil & Gas | Energy Facts Staff Writer | 2min

Equinor and its licence partners Petoro AS and Wellesley Petroleum AS have found oil and gas in the Swisher prospect. Recoverable resources are estimated to be in the range of 2-6 million standard cubic metres of oil equivalent, corresponding to 13-38 million barrels of oil equivalent.

“We are working continuously on keeping an exploration portfolio that forms the basis for high value creation and in addition can be produced with a low carbon footprint. This discovery contributes to reaching this goal,” says Nick Ashton, Equinor’s senior vice president for exploration in Norway.

Wells 35/11-24 S, 35/11-24 A and 35/11-24 B were drilled around 7 kilometres west of the Fram field and 130 kilometres northwest of Bergen.

The discovery demonstrates the importance of continuous learning. Based on investment in new data and exploration wells that Equinor drilled last year, we have developed new understanding of the underground in one of the most mature and developed areas on the Norwegian continental shelf (NCS).

“This strongly indicates that it is still possible to prove new and profitable resources that can utilise existing infrastructure on the NCS,” says Ashton.

The purpose of the wells was to prove petroleum in the Upper Jurassic rocks of the Heather formation.