Lime Petroleum Participates in Small Gas Discovery in Norwegian Sea

Source: www.gulfoilandgas.com 11/2/2020, Location: Europe

Rex International Holding Limited, and together with its subsidiaries, the “Group”), wishes to announce that the operator, Equinor Energy AS (“Equinor”), has completed drilling an exploration well on the Apollonia prospect in the Norwegian Sea licences PL263D/E, in which Rex’s 90 per cent subsidiary Lime Petroleum AS (“LPA”) has 20 per cent interests. The well was drilled approximately nine kilometres east of the Maria field. The primary exploration objective was to prove hydrocarbons in Middle Jurassic sandstones in the Garn and Ile formations. The well penetrated 83 metres of good reservoir-quality sandstone in the Garn formation. No hydrocarbons were identified in the Garn and Ile formations.

A gas column of nine metres was found in the shallower Lower Cretaceous Lange Formation. Preliminary analysis suggests a small gas discovery with recoverable reserves of between three and 10 million barrels of oil equivalent. This discovery will be evaluated together with other discoveries and prospects in the vicinity for further exploration and commerciality.


Norway >>  8/15/2022 - The Norwegian Petroleum Directorate (NPD) has granted PGNiG Norway Upstream AS drilling permit for well 6608/1-1 S, cf. Section 13 of the Resource Man...
Norway >>  8/12/2022 - Aker BP ASA, operator of production licence 941, has concluded the drilling of wildcat well 6507/3-15.

The well was drilled about 14 km nor...


Australia >>  8/9/2022 - Central Petroleum Limited (“Central”) advises that as at 0600 hrs ACST on 8 August 2022, the Palm Valley 12 (PV12) well in OL3, Southwest of Alice Spr...
Norway >>  8/9/2022 - The Petroleum Safety Authority Norway has given Equinor consent for exploration drilling in block 6507/8 in the Norwegian Sea.

Operator: E...


Guyana >>  8/5/2022 - The drilling of the Beebei-Potaro exploratory well, located in the Kanuku licence, off the coast of Guyana, has been finished, according to Tullow Oil...
Australia >>  8/4/2022 - - 21 stages were stimulated, which is the greatest number of stimulation stages in a single well in the Beetaloo to date
- Delivered 927m of st...





Gulf Oil and Gas
Copyright © 2021 Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.