Inspenet, November 12, 2023.
Equinor has announced the discovery of a commercially viable gas deposit in the Gina Krog field , located in the North Sea. Although it is a discovery of modest dimensions, it is expected that gas production could begin as early as 2023.
It is estimated that recoverable volumes range between 5 and 16 million barrels of oil equivalent. The well was drilled using the Noble Lloyd Noble platform, with Equinor being the operator and with KUFPEC and PGNiG as partners. The commercial viability of this discovery is supported, in part, by the ability to leverage pre-existing infrastructure on the Gina Krog platform.
Although the well was drilled for development purposes, production is planned to begin in the remainder of 2023 and the necessary preparations have already been made at Gina Krog to facilitate rapid deployment.
“Gina Krog is now electrified and has reserve capacity. This shows how important it is to explore mature areas of the Norwegian continental shelf.” says Camilla Salthe, senior vice president of reservoir life extension at Equinor.
During the 2021 energy crisis, close collaboration was established with the Norwegian authorities to ensure maximum gas supplies to Europe. In response, the Gina Krog company significantly increased its gas exports, refocusing gas that was previously destined for injection into oil extraction.
This increase in activity also generated the need to accelerate projects that could extend the useful life of the deposit. The discovery at the Gina Krog site, along with the development of Eirin, is a key part of this effort.
Equinor holds the role of operator with a 58.7% stake, while KUFPEC Norway AS and PGNiG Upstream Norway AS participate as partners with 30% and 11.3%, respectively. Notably, this discovery represents the first commercial discovery on the Gina Krog license since 2011.
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Source: https://www.worldenergytrade.com/oil-gas/yacimientos/equinor-realiza-descubrimiento-de-gas
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