Equinor Finds Oil in the Svalin Field Offshore Norway
Norwegian international energy company Equinor has made a new oil discovery under Production License No. 169 in the Norwegian North Sea after drilling well 25/11-H-1 H in the Svalin field.
The well, drilled by the Deepsea Aberdeen rig, encountered oil in thin layers of sandstone with very good reservoir quality in the Balder Formation, part of the Rogaland Group.
This discovery is believed to be related to pressure from the Heimdal Formation on the Svalin C structure, although oil-water contact was not achieved.
The Norwegian Maritime Administration said Svalin field licensees are now assessing the viability of the discovery before proceeding with production.
Preliminary estimates indicate that recoverable resources range from zero to 0.6 million boe.
Svalin is a field in the central North Sea, six kilometers southwest of the Grane field. The water depth is 120 meters. Svalin was opened in 1992, and the development and operation plan (DOP) was approved in 2012. The deposit consists of two separate structures: Svalin C and Svalin M.