Equinor Finds Up to 10.3 Million Barrels of Oil Equivalent at Gullfaks South

AI Summary

Equinor and its partners reported a discovery of an estimated 3.3 million to 10.3 million barrels of recoverable oil equivalent in gas at Norway's Gullfaks South field. The find came from an exploration sidetrack drilled alongside work on a production well, supporting output from a mature North Sea asset.

Equinor and its partners have discovered an estimated 3.3 million to 10.3 million barrels of recoverable oil equivalent in gas at Norway’s Gullfaks South field, using an exploration sidetrack drilled during work on a production well. The discovery, announced on October 8, highlights the role of targeted exploration in sustaining production from mature North Sea assets. Its commercial appeal lies in finding additional resources through drilling linked to an existing production campaign. Located about 190 kilometers northwest of Bergen, the…