ENGIE E&P Norge and partners have made an oil and gas discovery in the Cara licence (PL 636) in the Norwegian North Sea.
This latest North Sea oil and gas discovery comes only a day after Wintershall announced their discovery also offshore Norway.
“The discovery is situated in our core area in the North Sea and confirms our view that even mature areas of the Norwegian Continental Shelf have an interesting exploration potential”, Managing Director Cedric Osterrieth in ENGIE E&P Norge, said.
ENGIE Finds Oil and Gas in the Norwegian North Sea
“Together with our license partners, we will now evaluate the possibility to link the discovery to existing infrastructure at the nearby Gjøa field. This will reduce both time and costs concerning a future development, he added.
ENGIE E&P estimates the volumes of the discovery to be between 4.3-11 million standard cubic metres (151.85-388.46 cubic feet) of recoverable oil equivalents, which corresponds to 25-70 million barrels, according to a statement by the Norwegian Petroleum Directorate (NPD).
The Cara licence was drilled by Transocean Arctic
The discovery well was drilled by Transocean Arctic 6 kilometres (3.72 miles) northeast of the Gjøa field and 55 kilometres (34.17 miles) southwest of Fløro, to a vertical depth of 2,702 metres below mean sea level.
Cara Proves Good Production Rates
According to NPD, reservoir quality ranges from “very good” in the top section to “good” in the lower section, with positive production rates confirmed through a production test.
“The well provides important new information on Cretaceous reservoir distribution and quality in this area. The Cara discovery gives us also an increased understanding of the subsurface, and strengthens our view on other licenses in this area, ENGIE E&P Head of Subsurface Raphaël Fillon, said.
ENGIE CARA Reservoir
The wildcat well, the first in production licence 636 awarded in 2011, will now be permanently plugged and abandoned.
The partners of the production license are ENGIE E&P Norge AS (30% and operator), Idemitsu Petroleum Norge (30%), Tullow Oil Norge AS (20%) and Wellesley Petroleum AS (20%).