Gas discovery in Barents Sea

Fossil Energy – Discovery

Aker BP has made a gas discovery in exploration well 7324/6-2 – Ferdinand nord – in the Barents Sea.

This is the first well in production licence 1170, which was awarded in the Awards in Predefined Areas in 2022 (APA 2021). The well was drilled by the Scarabeo 8 rig.

Preliminary estimates indicate that the size of the discovery is between 0.52 – 0.75 million standard cubic metres (Sm3) of recoverable oil equivalent (o.e.). This corresponds to 3.3 – 4.7 million bbls o.e.

The licensees are assessing the discovery together with other discoveries and prospects in the area with a view toward a potential development.

Original Source: https://ocean-energyresources.com/2024/06/20/gas-discovery-in-barents-sea/