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Home Trading News Commodities

Equinor strikes gas in North Sea wildcat wells, opening new development potential

December 6, 2025
in Commodities
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Equinor strikes gas in North Sea wildcat wells, opening new development potential
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Odfjell’s Deepsea Atlantic rig

(WO) – Equinor and Aker BP have introduced a brand new fuel and condensate discovery within the North Sea after drilling two exploration wells on the Lofn and Langemann prospects, marking a promising begin for Manufacturing Licence 1140.

The wildcat wells—15/5-8 S and 15/5-8 A—had been drilled about 7 km north of the Eirin area and roughly 240 km west of Stavanger utilizing Odfjell Drilling’s Deepsea Atlantic rig. The license, awarded in 2022, is now seeing its first exploration outcomes.

Early estimates point out that the Lofn prospect incorporates 22–63 million barrels of oil equal, whereas Langemann might maintain 6–50 million barrels. Collectively, the finds symbolize a significant addition to the world’s useful resource base.

Each wells encountered fuel and condensate within the Center Jurassic Hugin Formation, confirming hydrocarbon-bearing sandstone reservoirs. Though deeper Triassic targets had been water-bearing, operators collected intensive samples and knowledge to assist additional analysis.

Equinor mentioned the businesses will now assess improvement choices, together with potential tiebacks to current North Sea infrastructure—an more and more vital strategy for maximizing worth from smaller discoveries.

“The Lofn and Langemann discovery marks the conclusion of a powerful exploration 12 months for Aker BP,” added Karl Johnny Hersvik, CEO of Aker BP. “Throughout three main discoveries, we now have added greater than 100 million barrels web to the corporate, together with Omega Alfa and Kjøttkake earlier this 12 months.”

“This makes 2025 our most profitable exploration 12 months since Johan Sverdrup was found in 2010. These outcomes are key to sustaining manufacturing above 500,000 barrels per day into the 2030s. The progress achieved this 12 months reinforces our confidence in delivering on that trajectory,” Hersvik mentioned.



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Tags: developmentEquinorgasNorthopeningPotentialSEAstrikeswellswildcat
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