Map showing location of Licence PL293B, where the oil discovery at the Kveikje prospect was made earlier in the year.Equinor (51%, operator) has reported a significant oil discovery at well 35/10-8, the Kveikje prospect, on Licence PL293B. DNO are partners with 29%, Idemitsu 10% and Longboat 10%. A preliminary estimate of recoverable resources in Kveikje Main, being the primary target of the exploration well, is 28 to 48 MMboe (gross), above the pre-drill expectation. The discovery has excellent reservoir quality and is close to existing infrastructure allowing for a simple development through multiple export options, possibly to Troll B nearby. The primary target was the Eocene Hordaland Formation, a sand injectite at this location. The top of the main reservoir was reached at 1,757m TVD with 18.4m of net sand in a 24m oil-filled gross interval with porosities in the order of 30%. A shallower interval has 2.7m net sand reservoir, while deeper targets Rokke and N’Roll both encountered indications of sand with hydrocarbons with further analysis required to determine potential.
Please note: the information in this article was written and submitted for print publication in April 2022.
Author: Ian Blakeley, NVentures UK