Oil firm DNO has made a minor oil and gas discovery in the northern part of the Norwegian Sea, the Norwegian Petroleum Directorate (NPD) said on Friday.
The discovery, made in 341 meters of water, about 4 kilometers west of the Heidrun field, is estimated to hold between 6.3 million and 12.6 million barrels of recoverable oil equivalents, NPD said.
DNO is operator and holds 40% in the production license 888 where the discovery was made. Its partners ConocoPhillips and Wellesley Petroleum each hold 30% interests.
The first exploration well in production licence 888, the 6507/7-16 S wildcat was drilled by the Island Innovator to a measured depth of 3,238 meters and a vertical depth of 3,184 meters below sea level. The well was terminated in the Tilje Formation from the Early Jurassic Age and will now be permanently plugged and abandoned.
The Island Innovator is scheduled to spend some time at the shipyard.