ConocoPhillips have announced what could be the largest gas condensate discovery of the year from their Warka discovery well, offshore Norway.
Located 150 miles from the Norwegian coast and 22 miles northwest of the Heidrun field, in production license 1009, the discovery is thought to contain between 50 and 190 million barrels of recoverable oil equivalent.
The well - 6507/4-1 - was drilled by the Transocean’s Leiv Eiriksson semi-submersible drilling rig in 1,312 feet (400m) of water to a total depth of 16,355 feet (4,985m).
ConocoPhillips operates the license and holds a 65% working interest. Poland’s PGNiG holds the remaining 35%.
The company will be carrying out further appraisal of the site to determine potential flow rates, the reservoir’s ultimate resource recovery and plans for future development.
“We have built a strong position on the Norwegian shelf since the discovery of the Ekofisk Field in 1969 and we are a very active industry operator and partner across the North Sea and the Norwegian Sea,” said Matt Fox, executive vice president and chief operating officer.
"This discovery, potentially the largest on the Norwegian Continental shelf this year, bolsters our position in the Norwegian Sea and the Heidrun area. The Warka discovery and potential future opportunities represent very low cost of supply resource additions that can extend our multi-decade success on the Norwegian Continental Shelf.”
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