News listings

energy-pedia exploration

Norway flagNorway

Europe / Caspian / CIS >>> Norway

Norway: Equinor discovers oil and gas in wildcat well 31/1-4 ('Ringand') in the North Sea


17 Dec 2024

Photo - see caption

Equinor and its partners have discovered oil and gas in wildcat well 31/1-4 (“Ringand) in the North Sea.

Preliminary estimates indicate the size of the discovery is between 0.3 and 2 million standard cubic metres (Sm3) of recoverable oil equivalent, which corresponds to 1.9-12.6 million barrels.

Well 31/1-4 was drilled by the Deepsea Atlantic rig. Production licence 923 borders Troll øst and the Fram area. Previous discoveries made in the area include 31/1-2 S ('Røver nord') and 31/1-3 S ('Røver sør').

The licensees have assessed the previous discoveries as commercially profitable, and they will consider development solutions tied back to existing infrastructure.

“Ringand” was exploration well number seven in production licence 923/ 923B. This well is registered as the first well in production licence 923 B.

Production licence 923 was part of the Awards in Predefined Areas - APA 2017 – awarded in 2018, and production licence 923 B was awarded in 2022 (APA 2021)

Geological information

The primary exploration target for the well was to prove petroleum in Middle Jurassic reservoir rocks in the Ness, Etive and Oseberg formations. The secondary exploration target was to prove petroleum in Lower Jurassic reservoir rocks in the Cook Formation.

Well 31/1-4 encountered a 112-metre gas column in the Ness, Etive and Oseberg formations, as well as a 16-metre oil column in the Oseberg Formation.

There were 14 metres of poor-quality sandstone reservoir in the Ness Formation and 46 metres of sandstone reservoir in the Etive and Oseberg formations, with poor to moderate quality.

In addition, a 13-metre gas column was encountered in sandstone with moderate reservoir quality in the Drake Formation.

The well encountered a 6-metre aquiferous sandstone layer with moderate reservoir quality in the Cook Formation.

The well was not formation-tested, but extensive data acquisition and sampling have been carried out.

The gas/oil contact was encountered at 3489 metres and the oil/water contact was encountered at 3505 metres below sea level.

Well 31/1-4 was drilled to a vertical depth of 3772 metres below sea level, and was terminated in the Amundsen Formation in the Lower Jurassic.
Water depth at the site is 304 metres. The well has been permanently plugged and abandoned.

 

Map showing the location of well 31/1-4

See also, Equinor announcement: New oil and gas discovery near the Troll field in the North Sea

and DNO announcement: DNO Adds Its Ninth Discovery in North Sea Core Area

Original announcement link

Source: Norwegian Offshore Directorate





Bookmark and Share


A global information service for upstream oil and gas opportunities - divestitures, farmins and farmouts and licensing rounds.


Subscriber Only Deals

Current Deals

Current Upstream Deals: 195

Completed Deals

Completed Upstream Deals: 6640

Company Profiles

Current Company Profiles: 2932

Corporate Activity

Current Corporate Activity articles: 4197

Companies Looking

Current number of articles: 466

Company Sales

Current Company Sales articles:1674

Geostudies

Current Geostudies articles: 1003

How to subscribe

energy-pedia Jobs

RSS Feed Widget
See all jobs...


energy-pedia Databank

The energy-pedia databank contains links to information on the world financial and energy markets, including share prices, oil and gas prices and the global stock exchanges. Read more...



energy-pedia Glossary

A list of commonly used terms in the oil and gas industry. Read more...

Subscribe

Subscribe to the FREE
energy-pedia Daily Newsletter
Subscribe

Union Jack Oil 149
Syntillica
Borchwix
Merlin
OPC
energy365
Rose & Assocs
Bayphase
Telos NRG
About energy-pedia

energy-pedia news is a FREE news service written and edited by E and P professionals for E and P professionals.

We don't just report the news, we give you the technical background as well, with additional information derived from our unique energy-pedia opportunities service.
Contact us

energy365 Ltd

238 High Street
London Colney
St Albans
UNITED KINGDOM

Tel: +44(0)1727 822675

Email: info@energy-pedia.com