Discovery of oil and gas in the North Sea

Equinor has discovered oil and gas near the field of Framin the North Sea. The discovery is estimated between 13 and 28 million barrels of oil equivalent.

An exploration well with a sidetrack has been drilled approximately 10 kilometers north of the Troll field, located in the North Sea. The results of the operation have been promising, since the presence of oil has been confirmed in both trajectories of the well. This discovery reinforces the potential of the region as a key area for hydrocarbon extraction.

In addition to oil, a mixed deposit has been identified that includes natural gas, the latter representing just over half of the discovery. The discovery, located in the Rhombi prospect, opens new possibilities to optimize production by connecting to existing infrastructure and other nearby fields. The license owners are evaluating the technical and economic feasibility of integrating this new resource into the area’s exploitation network.

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“This is an exciting discovery in one of our key areas, which has well-developed infrastructure for both oil and gas. We are actively exploring this area and have made many discoveries in recent years. We are now working on the best way to develop these discoveries to achieve good resource utilization, good profitability and low emissions,” says Geir Sørtveit, Senior Vice President Western Exploration and Production at Equinor in Norway.

The discovery, located in the Rhombi prospect, opens new possibilities to optimize production by connecting to existing infrastructure and other nearby fields.

This find represents the first discovery in this area of ​​the North Sea in 2024, marking a relevant milestone after a period of activity focused mainly on the evaluation of previous discoveries. The area, known for its energy potential, has been the scene of 12 significant discoveries between 2018 and 2023, consolidating it as a strategic point for the exploration and production of hydrocarbons.

The well was drilled with the Deepsea Atlantic semi-submersible platform, an advanced unit designed for deepwater operations. This state-of-the-art equipment has been key to accessing underground formations and confirming the presence of resources in this promising North Sea region.