Longboat Energy PLC and partners will start a 2022 drilling program in the Norwegian Sea with four exploration wells targeting 75 MMboe net to Longboat.
Included in the program are Ginny and Hermine explorations in Production License (PL) 1060, expected to spud in the coming weeks. The Ginny prospect is interpreted as a hanging-wall half graben adjacent to the Bremstein High, with faults which subdivide the prospect into three segments: Ginny North, Central, and South. The Hermine prospect lies beneath Ginny.
Longboat let a rig contract to Deepsea Yantai for the Copernicus exploration well, expected to spud between June and September 2022. The well is in PL1017 on the Utgard High in the Vøring basin. The prospect is a combination trap with mapped stratigraphic pinch out down-dip and a small structural component at the apex. Copernicus is estimated to contain gross mean prospective resources of 254 MMboe with further potential upside to bring the total to 471 MMboe. The chance of success associated with this prospect is 26% with the key risks being reservoir presence, quality, and trap.
Equinor Energy AS is operator at PL1060 (31%) with partners OKEA ASA (40%), Chrysaor Norge AS (20%), and Longboat Energy Norge AS (9%).
PGNiG Upstream Norway is operator at PL1017 (50%) with partners Equinor (40%), and Longboat Energy (10%).
