Vår Energi makes oil discovery in Barents Sea
(WO) — Independent upstream oil and gas company Vår Energi has made a new oil discovery in the Barents Sea. The discovery occurred in the operated 7122/8-1S Countach well in PL229 (Goliat), north-west of Hammerfest.
The well is currently drilled to 2,958 m measured depth. Oil has been encountered in the Realgrunnen and Kobbe formations. A sidetrack is planned to better define the size of the discovery. Extensive data is being collected for further assessment.
Updated information about volume estimates will be released in due course. Vår Energi is the operator with a 65% equity share. Equinor holds the remaining 35%.