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Equinor finds gas, condensate near Kristin field in Norwegian North Sea


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Equinor finds gas, condensate near Kristin field in Norwegian North Sea

Norwegian energy company Equinor said Jan. 16 that an exploration well discovered gas and condensate south of the Kristin field in the Norwegian North Sea.

The well, Ragnfrid North 6406/2-9 S, is in Production License 199, which is 20 kilometers south of the Kristin platform.

Recoverable resources are estimated at 6 million barrels of oil equivalent to 25 MMboe. The discovery will be evaluated for development and a potential tie-in to the Kristin field.

Drilling was done by the West Phoenix production rig, which will be moved to the U.K. continental shelf to drill the Equinor-operated Bigfoot prospect south of the Mariner field.

"The Ragnfrid North discovery will increase the probability of discovery for other prospects and pave the way for more drilling operations in this central part of the Norwegian Sea," said Nick Ashton, Equinor's senior vice president for Norway and the U.K.

Production license 199 is operated by Equinor subsidiary Equinor Energy AS with a 52% stake; Petoro AS, Exxon Mobil Corp. subsidiary ExxonMobil Exploration and Production Norway AS and Total SA subsidiary Total E&P Norge AS hold interests of 27%, 15% and 6%, respectively.