OKEA ASA mentioned it has discovered extra industrial portions of petroleum within the already producing Brage area on Norway’s aspect of the North Sea.
The Talisker exploration nicely yielded preliminary estimated gross recoverable assets of 16-33 million oil-equivalent barrels (MMboe). The Statfjord formation accounted for 14-26 MMboe whereas the Cook dinner formation comprised 2-7 MMboe.
“As well as, hydrocarbons have been encountered in two skinny sandstones within the Brent group which shall be additional appraised by the upcoming nicely paths, anticipated accomplished throughout This autumn 2025”, OKEA mentioned.
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Chief govt Svein J. Liknes mentioned, “This discovery is one other instance of OKEA’s technique to make the most of present infrastructure, subsurface information and drilling know-how to unlock extra worth within the Brage space, and lengthen the lifetime of the sphere”.
Earlier this yr OKEA made a discovery estimated to carry recoverable volumes of 0.3-2.8 MMboe alongside the japanese flank of Brage.
The invention was made within the southern a part of the Prince prospect in wildcat nicely 31/4-A-23 G. Properly 31/4-A-23 F, within the northern a part of the Prince prospect, turned up dry, as reported by the Directorate Could 28.
“The licensees will now assess the deposit as a part of the additional growth of the Brage area”, the upstream regulator mentioned then.
“The sphere has been in manufacturing for a very long time, and work is below approach to determine new strategies to enhance restoration”, the Directorate mentioned. “New wells are being drilled, typically mixed with investigation of close by prospects”.
Brage is a part of manufacturing license 055, below which OKEA is operator with a 35.2 % stake. Lime Petroleum AS owns 33.84 %, DNO Norge AS 14.26 %, Petrolia NOCO AS 12.26 % and M Vest Vitality AS 4.44 %. Granted 1979, the license is ready to run out 2030, based on data on authorities web site Norskpetroleum.no.
Brage sits 10 kilometers (6.21 miles) east of the Oseberg area in waters 140 meters (459.32 toes) deep.
It was found 1980. The primary plan for growth and operation (PDO) within the area was authorized 1990 and Brage was put into manufacturing 1993.
In keeping with Norskpetroleum.no, PDO exemptions have been granted for a number of Brage accumulations: Brent Ness in 2004, Bowmore Brent in 2007, Talisker East Brent in 2022, Cook dinner in 2023 and Kim Sognefjord in 2024.
Present oil manufacturing in Brage comes from a sandstone of Early Jurassic age within the Statfjord Group and one other sandstone of Center Jurassic age within the Brent Group and the Fensfjord Formation, based on Norskpetroleum.no.
Final yr Brage produced 810,000 normal cubic meters of oil, 230,000 normal cubic meters oil equal (scmoe) of pure gasoline and 80,000 scmoe of pure gasoline liquids, based on Norskpetroleum.no.
To contact the creator, e-mail jov.onsat@rigzone.com
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