Equinor and partners have struck oil and gas in the Fram area, nine kilometres north of the Troll field in the North Sea.

One exploration well has encountered petroleum in two reservoirs. One of the discoveries consists of both oil and gas, while the other one is just gas. In total, the resources are estimated at between 0.1 and 1.1 million standard cubic metres. The reservoir properties are assessed as moderate to very good. The preliminary name of the discovery is F-South.

"These are discoveries in an interesting area with a well-developed infrastructure. In recent years, we have made several discoveries in the neighbourhood, and we plan to further explore the area. We believe that we may encounter more, both oil and gas," says Geir Sørtveit, Equinor's senior vice president for Exploration & Production West on the Norwegian continental shelf.

The licensees will consider tying F-South back to existing or future infrastructure.

Facts:

   -The licensees are:
     -Equinor Energy AS: 45%
     -Vår Energi ASA: 40%
     -INPEX Idemitsu Norge AS: 15%
   -The well was drilled by COSL Innovator.
   -The discoveries were made in exploration well 35/11-31 S in production licence 090.
   -The other discoveries made in this area since 2019 are: Echino South, Swisher, Røver North, Blasto, Toppand, Kveikje, Røver South, Heisenberg, Crino/Mulder, Rhombi and Ringand.
   -Echino South and Blasto, together with two smaller discoveries from previous years, form the basis for the development of Fram South. The plan for development and operation of this subsea development was submitted to the authorities in June this year.

About Equinor

Equinor is an international energy company committed to long-term value creation in a low-carbon future.
Our purpose is to turn natural resources into energy for people and progress for society. Equinor’s portfolio of projects encompasses oil and gas, renewables and low-carbon solutions, with an ambition of becoming a net-zero energy company by 2050. Headquartered in Stavanger (Norway), Equinor is the leading operator on the Norwegian continental shelf. We are present in around 30 countries worldwide.