Wellesley Petroleum Strikes Oil in North Sea

Wednesday, July 10, 2024

Oil and gas company Wellesley Petroleum has proven oil and gas in an appraisal well drilled in the North Sea, using COSL Drilling’s COSLPromoter drilling rig.

The oil was discovered in the Gnomoria Appraisal (35/10-12 S) well in the North Sea, about 100 kilometers southwest of Florø.

This is the first appraisal well to be drilled in production licence 1184 S, which was awarded in APA 2022.

Wellesley Petroleum is the operator of the license, with 10% working interest, with Equinor holding 90%.

The well was drilled with COSL’s COSLPromoter, a semi-submersible drilling rig designed to operate in water depths up to 750 meters.

Preliminary estimations of the size of the discovery range between 0.8 to 4 million standard cubic metres of recoverable oil equivalent (Sm3 o.e.).

This corresponds to between 5 to 25 million barrels o.e, according to Norwegian Offshore Directorate (NOD).

Gnomoria is located in an area with multiple discoveries. The licensees said they are considering a tie-back to existing infrastructure in the area.

Categories: Drilling North Sea Industry News Activity Europe Oil and Gas

Related Stories

New Troll Project Start Up Boosts North Sea Gas Production

MacGregor Advances Floating-to-Floating Transfer and LCO2 Systems

Equinor and Aker BP Make Gas Discovery in North Sea

Current News

Iran-Oman Talks on Hormuz Reopening Drive Down Oil Prices

Aker BP Brings Three Skarv Satellite Fields On Stream

Kongsberg Maritime to Provide Technology Suite for Solstad, SBM Offshore Vessel

Eni, BP to Reach Decision on Offshore Egypt Gas Discovery in Coming Months

Subscribe for OE Digital E‑News