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Equinor finds gas and condensate in Ragnfrid North well

Gasoil News - Published on Fri, 18 Jan 2019

Image Source: wikimedia.org
Equinor has, together with its partners Petoro, ExxonMobil and Total, proven gas and condensate in the Norwegian Sea Ragnfrid North (6406/2-9 S) exploration well. Recoverable resources are estimated at 6-25 million barrels of oil equivalent. Nick Ashton, Equinor’s senior vice president for Norway and the UK, said “We are pleased to start the new year by announcing a new discovery. Exploring for resources close to existing infrastructure is a central part of Equinor’s strategy to further develop the Norwegian continental shelf (NCS). We need this kind of discoveries in the years to come.”

Ragnfrid North is located around 20 kilometres south of the Kristin platform in the Norwegian Sea. The discovery will help clarify the resource base in the area for the next years.

The licence partners will now evaluate the discovery for development and tie-in to the Kristin field and further maturing of the Kristin South project.

Exploration drilling in Ragnfrid North 6406/2-9 S started on 3 October and the well was drilled by the West Phoenix rig in production licence 199. West Phoenix is now being moved to the UK continental shelf to drill the Equinor-operated Bigfoot prospect south of the Mariner field.

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Posted By : Joykumar Irom on Fri, 18 Jan 2019
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