Tullow Oil has announced that it has completed drilling at the Cara prospect in the Norwegian North Sea and found oil and gas.
The well was drilled to a total depth of 2,702 metres in 349 metres of water, 6 km northeast of the Gjøa field.
The well encountered a gas column of 51 metres and an oil column of 60 metres with the operator estimating between 25 million barrels of oil equivalent (boe) and 70 million boe have been discovered.
Extensive data acquisition was undertaken including wireline logging and three successful core runs and a successful production test.
Tullow in a press statement said that with its partners it will now evaluate the possibility of linking this discovery to existing infrastructure at the nearby Gjøa field.
ENGIE E&P Norge AS is the operator of licence 636 with a 30 per cent stake. The other partners are Tullow Oil Norge AS (20 per cent), Idemitsu Petroleum Norge (30 per cent) and Wellesley Petroleum AS (20 per cent).