Eni through Vår Energi announces a new significant oil discovery in the offshore of the Norwegian North Sea
Eni through Vår Energy, a company jointly owned by Eni (69,85%) and Hitec Vision (31,15%) announces a new significant oil discovery in the PL 090 / 090I license, located in the northern part of the North Sea. The discovery took place through the drilling of well 31 / 2-22 S on the exploration prospect called Blasto Main.
Vår Energi holds a 25% stake in the license, Equinor is the operator with 45%, Idemitsu and Neptune Energy each have a 15% stake.
The exploration well is located approximately 7,5km southwest of the nearest Fram field production template and 12km north of the Troll C platform at a water depth of 349m. The well was drilled to a depth of 2.282 m within the Jurassic Formations and encountered light oil mineralization in 2 intervals of the Sognefjord Formation with excellent petrophysical properties. The oil mineralized column in the two bodies is 30 m thick in the upper body and 50 m in the lower body for a total of 80 m in total. An intense data acquisition campaign including fluid sampling was conducted on the well.
Preliminary estimates indicate a volume of hydrocarbons in place between 150 and 240 million barrels.
After the recent announcement of the Isflak discovery in the Barents Sea, the Blasto discovery is a further confirmation of the success of the Infrastructure-Led exploration strategy that Vår Energy is also carrying out in the North Sea, aimed at the commercialization of additional high-value reserves. in the area of the Fram field.
The Blasto discovery will be framed in the development together with the nearby Echino Sud discovery (also located in PL090) with a link to the nearest infrastructure. In the course of 2021, further exploration activity is planned in the license.
Vår Energi holds over 140 licenses and oil and gas production from 35 production fields in Norway. Vår Energi is active on the entire Norwegian continental shelf and operates the Goliat field in the Barents Sea, the Marulk field in the Norwegian Sea and the Balder and Ringhorne fields in the North Sea. The company employs about 900 people with extensive experience in the exploration and production sector, acquired thanks to the various companies that have gone to make it up. Vår Energi's current production is around 300.000 barrels of oil equivalent per day.