The well has not been formation tested, but comprehensive data gathering has been carried out. The finds were done in sandstone of middle and late Triassic age. The late Triassic find is made in rocks of good quality. The company estimates that this well consists somewhere in between 2 and 14 billion standard cubic meters of recoverable gas.
– It is of course promising that we once more have proven gas in the Barents Sea. However, the middle Triassic find is made in rocks of poor quality and we need time to make an evaluation and analyses to understand the volume and size of the find, says Geir Richardsen, head of exploration activities in the far north, in a press release.