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Norway grants offshore drilling permit to Statoil

Equinor and partners make oil and gas discovery in the Norwegian Sea

Apr 21, 2021
2 min read
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Equinor and partners Total E&P Norge AS and Vår Energi AS have struck oil and gas in a new segment belonging to the Tyrihans field in the Norwegian Sea.

Recoverable resources are so far estimated at between 3.0 and 4.2 million standard cubic metres of recoverable oil equivalent, corresponding to 19 – 26 million barrels of oil equivalent.

“It is encouraging to prove new resources that can extend the life of producing fields in the Norwegian Sea,” says Nick Ashton, Equinor’s senior vice president for exploration on the Norwegian continental shelf.

The Tyrihans field is located in the middle of the Norwegian Sea, some 25 kilometres south-east of the Åsgard field and 220 kilometres north-west of Trondheim. The licensees consider the discovery commercial and intend to start production immediately.

“Thanks to the location we are able to put the discovery on stream over the Tyrihans field immediately, which will both ensure good profitability and low CO2 emissions from production,” says Ashton.

The well struck a gas column of about 43 metres and an oil column of about 15 metres in the Ile formation, including about 76 metres of moderate to good reservoir quality sandstone. In the Tilje formation moderate to good quality water-bearing reservoir was struck.

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