Conocophillips makes north sea discovery

Conocophillips scandinavia as, operator of production licence 782 s, has concluded the drilling of wildcat well 25/7-7.discovery made by conocophillips with partners equinor, aker bp, wintershall dea.preliminary estimates place the size of the discovery between 1 and 10 million standard cubic metres (sm3) of recoverable oil equivalent (6.29 mln to 62.9 mln barrels of oil equivalent).in the primary exploration target, the well encountered two separate gas/condensate and oil-bearing intervals, with sandy layers in the draupne formation totalling about 25 metres with reservoir properties varying from poor to very good.thin water-bearing siltstone layers were encountered in the secondary exploration target in the heather formation.the licensees will further assess the well result with regard to delineation/profitability, as well as investigation of nearby prospects.
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