New oil discovery in the Barents Sea

Source: press release, 9 February 2023

photo: Vår Energi
photo: Vår Energi

Vår Energi confirms the discovery of oil in the operated 7122/8-1S Countach well in PL229 (Goliat), north-west of Hammerfest.

The well is currently drilled to 2,958-metre measured depth and oil has been encountered in the Realgrunnen and Kobbe formations.

A sidetrack is planned to better define the size of the discovery. Extensive data is being collected for further assessment. Updated information about volume estimates will be released at a later date.

Vår Energi is the operator with a 65% equity share. Equinor holds the remaining 35%.