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Home Trading News Commodities

Vår Energi makes oil and gas discovery in Norwegian Sea

July 22, 2025
in Commodities
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Vår Energi makes oil and gas discovery in Norwegian Sea
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Vår Energi has made a industrial fuel and condensate discovery within the Vidsyn exploration effectively, situated near the Vår Energi-operated Fenja discipline within the Norwegian Sea. The invention is the third industrial discovery for Vår Energi to date in 2025 and can be evaluated as a possible tie-in to Fenja. 


The invention was made on the Vidsyn ridge, which has the potential to carry as much as 100 million barrels of oil equal (MMboe) gross. The Vidsyn effectively confirms found recoverable sources within the vary of 25 to 40 MMboe gross, that are thought-about industrial. The remaining potential of the ridge can be assessed by way of an appraisal program, to facilitate for a fast-track improvement.

The effectively encountered excellent high quality reservoirs with over 200 m of hydrocarbon column. The invention is situated updip of a earlier exploration effectively, offering a transparent framework confirming commerciality and supporting additional analysis of the broader Vidsyn ridge. The reservoir incorporates prime quality gas-condensate solely eight km from the present Fenja subsea infrastructure, which is tied into the Njord host facility.

“Vidsyn is an thrilling discovery unlocking a a lot bigger potential alongside the ridge in our operated Fenja space and including high-value barrels to be developed leveraging present infrastructure during which Vår Energi holds important fairness,” mentioned Vår Energi’s SVP of Exploration, Luca Dragonetti.

The invention helps the corporate’s infrastructure-led exploration method and strengthens its place within the Norwegian Sea.

“We’re actively exploring on this space and are at present maturing new prospects,” added Dragonetti. “The Vidsyn discovery is the consequence of our disciplined and selective exploration technique targeted on increasing our capacity to ship worth by way of proximity to present infrastructure.”

The companions within the license are Vår Energi (operator, 75%) and DNO ASA’s wholly-owned subsidiaries DNO Norge AS (7.5%) and Sval Energi AS (17.5%).



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Tags: discoveryEnergigasNorwegianoilSEAVår
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