By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Pipeline PulsePipeline Pulse
  • Home
  • Oil
  • Featured
  • Gas
  • Refining & Processing
  • Exploration
  • Pipelines
  • Drilling
Reading: Equinor Hits New Discovery in Johan Castberg
Share
Notification Show More
Latest News
Crude’s Drop, Robust Ruble Lower Russian Oil Income to 2-Yr Low
Crude’s Drop, Robust Ruble Lower Russian Oil Income to 2-Yr Low
Oil
Mozambique President Urges Complete LNG Restart Regardless of Dangers
Mozambique President Urges Complete LNG Restart Regardless of Dangers
Oil
USA Crude Oil Inventories Rise by Virtually 4MM Barrels WoW
USA Crude Oil Inventories Rise by Virtually 4MM Barrels WoW
Oil
EU Fee Launches Matchmaking Platform for Power, Supplies Sourcing
EU Fee Launches Matchmaking Platform for Power, Supplies Sourcing
Oil
TotalEnergies Raises Stake in AES Renewables Portfolio in Caribbean
TotalEnergies Raises Stake in AES Renewables Portfolio in Caribbean
Oil
Aa
Pipeline PulsePipeline Pulse
Aa
  • About Us
  • Advertising Solutions
  • Privacy
  • Terms of Service
  • Podcast
  • Home
  • Oil
  • Featured
  • Gas
  • Refining & Processing
  • Exploration
  • Pipelines
  • Drilling
Have an existing account? Sign In
Follow US
Copyright © MetaMedia™ Capital Inc, All right reserved.
Pipeline Pulse > Oil > Equinor Hits New Discovery in Johan Castberg
Oil

Equinor Hits New Discovery in Johan Castberg

Editorial Team
Last updated: 2025/06/30 at 8:25 AM
Editorial Team 4 days ago
Share
Equinor Hits New Discovery in Johan Castberg
SHARE


Equinor ASA on Monday introduced one other discovery within the lately started-up Johan Castberg discipline on Norway’s aspect of the Barents Sea.

The bulk state-owned power main put preliminary estimates for effectively 7720/7-DD-1H, or Drivis Tubaen, at 9-15 million barrels of oil. The invention was drilled close to the Drivis discoveries of 2014, in response to a press launch by Equinor.

“The licensees will contemplate tie-in of the invention to the Johan Castberg discipline”, stated Equinor, which operates Johan Castberg with a 46.3 p.c stake. The opposite builders are Eni SpA-backed Var Energi ASA with a 30 p.c curiosity and state-owned Petoro AS with 23.7 p.c.

- Advertisement -
Ad image

“The Johan Castberg quantity base initially estimated at 450-650 million barrels, our clear ambition is to extend the reserves by one other 250-550 million barrels”, stated Grete Birgitte Haaland, Equinor senior vp for exploration and manufacturing North. “To understand this, we’re planning six new exploration wells and steady exploration exercise”.

Earlier this month Equinor stated Johan Castberg has ramped as much as capability, or 220,000 barrels of oil per day, after going onstream late March.

“This will increase power deliveries from the Barents Sea by 150 p.c”, Equinor stated in a press release June 20.

Johan Castberg is the third discipline developed within the Norwegian Barents Sea after Snohvit, which began manufacturing 2007, and Goliat, which went on-line 2016.

“Johan Castberg represents a gamechanger for the significance of the Barents Sea for Norway’s future as an power nation. Each three to 4 days, tank hundreds now depart from Johan Castberg, every of them value round half a billion Norwegian kroner”, Kjetil Hove, Equinor government vp for Norwegian exploration and manufacturing.

“The sector will stay on stream for at the least 30 years, delivering secure power to Europe, producing excessive worth for Norway, and ripple results and jobs in Northern Norway”.

The brand new discovery was made in a brand new phase known as the Tubaen formation 1,769 meters (5,803.81 toes) under the seabed. The effectively had a water depth of 345 meters, Equinor stated.

Drivis Tubaen is the 14th exploration effectively drilled in manufacturing license 532, awarded 2009, in response to Equinor.

The effectively was drilled by the Transocean Enabler rig as an extension from a manufacturing effectively. The rig stays in Johan Castberg for additional drilling, Equinor stated.

“The Barents Sea is the least explored ocean space on the Norwegian continental shelf”, it stated. “With the Johan Castberg’s manufacturing amenities in place, it turns into extra engaging to discover the neighboring areas.

“Going ahead, two rigs will drill each manufacturing wells and new exploration wells within the areas round Johan Castberg and Goliat. Equinor will drill one to 2 exploration wells yearly round Johan Castberg”.

To contact the writer, e mail jov.onsat@rigzone.com


What do you assume? We’d love to listen to from you, be part of the dialog on the

Rigzone Power Community.

The Rigzone Power Community is a brand new social expertise created for you and all power professionals to Converse Up about our business, share data, join with friends and business insiders and interact in knowledgeable neighborhood that can empower your profession in power.






Supply hyperlink

You Might Also Like

Crude’s Drop, Robust Ruble Lower Russian Oil Income to 2-Yr Low

Mozambique President Urges Complete LNG Restart Regardless of Dangers

USA Crude Oil Inventories Rise by Virtually 4MM Barrels WoW

EU Fee Launches Matchmaking Platform for Power, Supplies Sourcing

TotalEnergies Raises Stake in AES Renewables Portfolio in Caribbean

Editorial Team June 30, 2025
Share this Article
Facebook Twitter Email Print
Previous Article DNOW Acquires MRC World for .5B DNOW Acquires MRC World for $1.5B
Next Article Pertamina Worldwide Delivery Posts Increased Annual Income, Revenue Pertamina Worldwide Delivery Posts Increased Annual Income, Revenue
about us

Pipeline Pulse magazine is a preeminent digital publication in the petroleum industry, with a strong presence in the Middle East. Our esteemed digital publication is dedicated to providing cutting-edge insights on the international oil and gas industry, offering critical analysis of pressing issues and events, along with practical technology for designing, operating, and maintaining oil and gas operations.

Topics

  • Oil
  • Gas
  • Refining & Processing
  • Featured
  • Pipelines
  • Exploration
  • Drilling

Quick Links

  • About Us
  • Advertising Solutions
  • Privacy
  • Terms of Service
  • Podcast

Find Us on Socials

Copyright © Pipeline Pulse™ , All right reserved.

Join Us!

Subscribe to our newsletter and never miss our latest news, podcasts etc..

Loading
Zero spam, Unsubscribe at any time.

Removed from reading list

Undo
Welcome Back!

Sign in to your account

Lost your password?