طراحی سایت
X

PEDC News

Home /News & Media/News
Sunday 27 January 2019
number of visits: 262

Gas and condensate discovery south of the Kristin field

Gas and condensate discovery south of the Kristin field

Equinor has, together with its partners Petoro, ExxonMobil and Total, proven gas and condensate in the Norwegian Sea Ragnfrid North (6406/2-9 S) exploration well. Recoverable resources are estimated at 6-25 million barrels of oil equivalent.

“We are pleased to start the new year by announcing a new discovery. Exploring for resources close to existing infrastructure is a central part of Equinor’s strategy to further develop the Norwegian continental shelf (NCS). We need this kind of discoveries in the years to come,” says Nick Ashton, Equinor’s senior vice president for Norway and the UK.

Ragnfrid North is located around 20 kilometres south of the Kristin platform in the Norwegian Sea. The discovery will help clarify the resource base in the area for the next years.

“Ragnfrid North will, together with the former discoveries Lavrans and Erlend East, give a more detailed picture of the potential in this area of the Norwegian Sea,” says Ashton.

The licence partners will now evaluate the discovery for development and tie-in to the Kristin field and further maturing of the Kristin South project.

“The Ragnfrid North discovery will increase the probability of discovery for other prospects and pave the way for more drilling operations in this central part of the Norwegian Sea. This is something we will consider going forward while further analysing the results. The NCS still offers great potential,” says Ashton.

Exploration drilling in Ragnfrid North 6406/2-9 S started on 3 October and the well was drilled by the West Phoenix rig in production licence 199. West Phoenix is now being moved to the UK continental shelf to drill the Equinor-operated Bigfoot prospect south of the Mariner field.

For more details on Ragnfrid North, please see the Norwegian Petroleum Directorate’s press release.

Source : Link

Pasargad Energy Development Co. (PEDC) is an independent energy company based in Iran. PEDC is an integrated energy company whose activities span the entire value chain including exploration, production, refining, petrochemicals marketing, power generation & renewables as well as new high-tech venture capitalizing. Our headquarter is located in Tehran. PEDC is present across the Iranian continental shelf and international market through its subsidiaries. We create value for our shareholders through active investment, high-level monitoring of our projects, building world-class partnership and managing our risks effectively and making balanced portfolio. Meantime, we contribute to the sustainable development of the energy sector and communities in our country. PEDC’s competitiveness relies upon our values-based performance culture, with a strong commitment to transparency, cooperation and continuous operational improvement. As a wholly owned subsidiary of the Pasargad Financial Group, with Pasargad Bank being a distinctive shareholder, we owe our success to our experience, management knowledge and strong local/international partnerships since 2008. PEDC is committed to maintaining sustainability and being recognized as the strategic partner of choice in Iran’s energy and petrochemical sector.​

Picture
  • Gas and condensate discovery south of the Kristin field
طراحی سایت ایزی وب