Var Energi Makes Gas Discovery Near Norwegian Sea Oilfield ...Middle East

Economy by : (OILPRICE) -
Var Energi has made a commercial gas and condensate discovery near its Fenja oilfield in the Norwegian Sea and could develop it as a tie-in to the producing field, the Norwegian oil company said on Monday.  Var Energi, which holds 75% and is the operator of the exploration license, has made the gas and condensate discovery in the Vidsyn exploration well, confirming discovered recoverable resources in the range of 25 to 40 million barrels of oil equivalent (boe).  The discovery is only 8 kilometers (5 miles) from the existing Fenja subsea…

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