ConocoPhillips Confirms Norwegian Sea Oil Find with Promising Appraisal Well
ConocoPhillips Skandinavia has completed drilling a key appraisal well in the Norwegian Sea, further confirming the scale and quality of its 2020 Slagugle oil discovery. The well, 6507/5-12 S, was drilled in production license 891, located roughly 22 kilometers northeast of the Heidrun field and 270 kilometers north of Kristiansund.
The operator, which holds an 80% stake in the license alongside partner Pandion Energy (20%), targeted the delineation of the Slagugle find and carried out a successful formation test to assess reservoir quality and connectivity.
Drilled using the Deepsea Yantai semi-submersible rig, the well encountered several oil columns across a 188-meter interval in the Åre Formation and Grey Beds. Of this, 75 meters comprised high-quality sandstone with excellent reservoir properties. A maximum production rate of 650 standard cubic meters (Sm³) of oil per day was recorded during testing through a 36/64-inch nozzle.
Preliminary estimates suggest the discovery contains between 30.8 and 61.6 million barrels of oil equivalent (boe), primarily in Triassic-age rocks. Further upside potential exists in additional zones—the Lower Åre and Upper Grey Beds formations—which were not included in the current production testing.
This appraisal marks the third exploration well in PL 891, a block awarded under Norway’s APA licensing round in 2016. The well has now been permanently plugged and abandoned as planned.
ConocoPhillips and Pandion are now analyzing the collected data to evaluate commercial development options. The site’s proximity to established infrastructure—including the Heidrun and Skarv fields—could facilitate future tie-back opportunities.
The Deepsea Yantai rig is now set to drill a new well in production license 586 for Vår Energi and partners, continuing activity in the resource-rich Norwegian Sea. The Slagugle results, meanwhile, solidify ConocoPhillips' growing position in Norway’s offshore oil sector.\
By Charles Kennedy for Oilprice.com
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