BG Norge finds oil, gas in Norwegian North Sea

BG Norge AS has found oil and gas with exploration well 15/12-19 on Production License 292 (PL 292) in the Norwegian North Sea.

Uchenna Izundu
International Editor

LONDON, May 20 -- BG Norge AS has found oil and gas with exploration well 15/12-19 on Production License 292 (PL 292) in the Norwegian North Sea. BG said the well, combined with the nearby 6/3-1 discovery, could hold as much as 3-5 million cu m of oil equivalent.

The well tested 750 cu m/day from Jurassic and Triassic reservoirs, the Norwegian Petroleum Directorate said. BG has gathered data from the well and is carrying out field development studies. The well is south of Varg field.

The Maersk Guardian jack up rig drilled the well in 86 m of water to 3,169 m TVD subsea.

BG holds a 60% interest in the license, and its partner Lundin holds 40%. The well will now be permanently plugged and abandoned. The Maersk Guardian will move to PL 274 to drill exploration well 1/3-11 for Dong.

Contact Uchenna Izundu at uchennai@pennwell.com.

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