Latest North Sea Verbier well finds no oil

April 3, 2019
Equinor’s appraisal well on the 2017 Verbier oil discovery in the UK central North Sea was dry, according to partner Jersey Oil & Gas.

Offshore staff

LONDON – Equinor’s appraisal well on the 2017 Verbier oil discovery in the UK central North Sea was dry, according to partner Jersey Oil & Gas.

Well 20/05b-14, drilled to a TD of 3,784 m (12,415 ft), did not encounter Upper Jurassic sands as expected, and this will likely lead to a downgrade of the resource estimate (the low-end figure was 25 MMboe).

However, the partners will integrate the latest results with processed data from a 3D seismic survey acquired over the area last year in order to assess upside potential for further appraisal activity.

A large part of the mapped area of the discovery, northwest of the 20/05b-14 well location, remains untested, and there could be further resources in a deeper horizon.

These, along with the Cortina prospect, could warrant drilling, depending on a further review of the seismic.

Jersey claimed that even at 25 MMboe Verbier would be commercially viable, for instance, as part of a wider area development plan.

04/03/2019