Norway's Wellesley Carmen Gas Field Discovery Reaches Up to 107 Million Barrels of Oil Equivalent

en.Wedoany.com Reported - Norwegian oil and gas company Wellesley Petroleum and its partners have confirmed a gas condensate discovery from the Carmen appraisal well in the North Sea. The Norwegian gas field discovery is located within production license 1148, with the appraisal well numbered 35/10-16 S, drilled by the Deepsea Yantai rig.

The well is situated in waters approximately 365 meters deep, about 25 kilometers northwest of the Troll field and 35 kilometers east of the Kvitebjørn field. Preliminary estimates indicate recoverable resources of approximately 3.4 to 17 million standard cubic meters of oil equivalent, equivalent to 21 to 107 million barrels of oil equivalent. Wellesley Petroleum is the operator of production license 1148, with other partners including DNO, Equinor, and Aker BP.

Subsequently, the partners will study development options to tie the Carmen discovery into nearby existing infrastructure and may continue to drill exploration wells. With the confirmation of a gas field discovery of up to 107 million barrels of oil equivalent, the mature oil and gas region of the Norwegian North Sea will generate further development study needs in areas such as appraisal drilling, subsea tiebacks, platform processing, and natural gas export.

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