Close Menu
  • Home
  • Market News
    • Crude Oil Prices
    • Brent vs WTI
    • Futures & Trading
    • OPEC Announcements
  • Company & Corporate
    • Mergers & Acquisitions
    • Earnings Reports
    • Executive Moves
    • ESG & Sustainability
  • Geopolitical & Global
    • Middle East
    • North America
    • Europe & Russia
    • Asia & China
    • Latin America
  • Supply & Disruption
    • Pipeline Disruptions
    • Refinery Outages
    • Weather Events (hurricanes, floods)
    • Labor Strikes & Protest Movements
  • Policy & Regulation
    • U.S. Energy Policy
    • EU Carbon Targets
    • Emissions Regulations
    • International Trade & Sanctions
  • Tech
    • Energy Transition
    • Hydrogen & LNG
    • Carbon Capture
    • Battery / Storage Tech
  • ESG
    • Climate Commitments
    • Greenwashing News
    • Net-Zero Tracking
    • Institutional Divestments
  • Financial
    • Interest Rates Impact on Oil
    • Inflation + Demand
    • Oil & Stock Correlation
    • Investor Sentiment

Subscribe to Updates

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

What's Hot

bp flags up to $5 billion in energy transition writedowns in Q4 update – Oil & Gas 360

January 15, 2026

TotalEnergies partners with BluEnergies on deepwater prospect offshore Liberia

January 15, 2026

TotalEnergies partners with BluEnergies on deepwater prospect offshore Liberia

January 15, 2026
Facebook X (Twitter) Instagram Threads
Oil Market Cap – Global Oil & Energy News, Data & Analysis
  • Home
  • Market News
    • Crude Oil Prices
    • Brent vs WTI
    • Futures & Trading
    • OPEC Announcements
  • Company & Corporate
    • Mergers & Acquisitions
    • Earnings Reports
    • Executive Moves
    • ESG & Sustainability
  • Geopolitical & Global
    • Middle East
    • North America
    • Europe & Russia
    • Asia & China
    • Latin America
  • Supply & Disruption
    • Pipeline Disruptions
    • Refinery Outages
    • Weather Events (hurricanes, floods)
    • Labor Strikes & Protest Movements
  • Policy & Regulation
    • U.S. Energy Policy
    • EU Carbon Targets
    • Emissions Regulations
    • International Trade & Sanctions
  • Tech
    • Energy Transition
    • Hydrogen & LNG
    • Carbon Capture
    • Battery / Storage Tech
  • ESG
    • Climate Commitments
    • Greenwashing News
    • Net-Zero Tracking
    • Institutional Divestments
  • Financial
    • Interest Rates Impact on Oil
    • Inflation + Demand
    • Oil & Stock Correlation
    • Investor Sentiment
Oil Market Cap – Global Oil & Energy News, Data & Analysis
Home » OKEA Discovers More Oil in Brage Field in Norwegian North Sea
Earnings Reports

OKEA Discovers More Oil in Brage Field in Norwegian North Sea

omc_adminBy omc_adminMay 30, 2025No Comments4 Mins Read
Share
Facebook Twitter Pinterest Threads Bluesky Copy Link


OKEA ASA and its partners in production license 055 have made a discovery that is estimated to hold 300,000 to 2.8 million barrels of recoverable oil equivalent along the eastern flank of the already producing Brage field on Norway’s side of the North Sea.

The discovery was made in the southern part of the Prince prospect in wildcat well 31/4-A-23 G. Well 31/4-A-23 F, in the northern part of the Prince prospect, turned up dry.

“The licensees will now assess the deposit as part of the further development of the Brage field”, the Norwegian Offshore Directorate said in an online statement. The stakeholders are OKEA with a 35.2 percent stake, Lime Petroleum AS with 33.84 percent, DNO Norge AS with 14.26 percent, Petrolia NOCO AS with 12.26 percent and M Vest Energy AS with 4.44 percent.

“The field has been in production for a long time, and work is under way to identify new methods to improve recovery”, the upstream regulator said. “New wells are being drilled, often combined with investigation of nearby prospects”.

Well A-23 F aimed to prove petroleum in Upper Jurassic reservoir rocks in the Sognefjord Formation, while A-23 G aimed to delineate a potential discovery in A-23 F and delineate the northern part of 31/4-A-13 E (Kim).

A-23 F, horizontally drilled, showed a sandstone layer in the Sognefjord Formation with a total measured thickness of 220 meters (721.78 feet) along the wellbore and 12 meters of vertical thickness with “good reservoir properties”, the Directorate reported.

It was drilled to a measured depth of 6285 meters and a vertical depth of 2153 meters below sea level in the Sognefjord Formation.

A-23 G was drilled horizontally at a vertical depth of 2,120-2,171 meters along the eastern flank of the Brage field. It encountered a sandstone layer three to four meters thick in the Sognefjord Formation. A-23 G was drilled to a total measured depth of 1,138 meters along the sandstone layer. It proved a 20-meter-thick oil column in sandstones with “moderate to good reservoir properties”, the Directorate said.

A-23 G was drilled to a total measured depth of 10,023 meters and a vertical depth of 2,171 meters below sea level. It was terminated in the Heather Formation.

“Pressure data indicate that the discovery is not in pressure communication with the discovery in 31/4-A-13 E (Kim)”, the Directorate said.

The wells have been permanently plugged. These are the 13th and 14th exploration wells drilled in production license 055, awarded April 1979 under the fourth licensing round for the Norwegian continental shelf.

Brage, located 10 kilometers (6.21 miles) east of the Oseberg field, was proven 1980 and put into production 1990, the Directorate said. Brage has an integrated production, drilling and accommodation facility.

In 2024 Brage produced 810,000 standard cubic meters of oil, 230,000 standard cubic meters of oil equivalent (scmoe) of natural gas and 80,000 scmoe of natural gas liquids, according to government website Norskpetroleum.no.

To contact the author, email jov.onsat@rigzone.com


What do you think? We’d love to hear from you, join the conversation on the

Rigzone Energy Network.

The Rigzone Energy Network is a new social experience created for you and all energy professionals to Speak Up about our industry, share knowledge, connect with peers and industry insiders and engage in a professional community that will empower your career in energy.

element
var scriptTag = document.createElement(‘script’);
scriptTag.src = url;
scriptTag.async = true;
scriptTag.onload = implementationCode;
scriptTag.onreadystatechange = implementationCode;
location.appendChild(scriptTag);
};
var div = document.getElementById(‘rigzonelogo’);
div.innerHTML += ” +
‘RIGZONE Empowering People in Oil and Gas‘ +
”;

var initJobSearch = function () {
//console.log(“call back”);
}

var addMetaPixel = function () {
if (-1 > -1 || -1 > -1) {
/*Meta Pixel Code*/
!function(f,b,e,v,n,t,s)
{if(f.fbq)return;n=f.fbq=function(){n.callMethod?
n.callMethod.apply(n,arguments):n.queue.push(arguments)};
if(!f._fbq)f._fbq=n;n.push=n;n.loaded=!0;n.version=’2.0′;
n.queue=[];t=b.createElement(e);t.async=!0;
t.src=v;s=b.getElementsByTagName(e)[0];
s.parentNode.insertBefore(t,s)}(window, document,’script’,
‘https://connect.facebook.net/en_US/fbevents.js’);
fbq(‘init’, ‘1517407191885185’);
fbq(‘track’, ‘PageView’);

/*End Meta Pixel Code*/
} else if (0 > -1 && 87 > -1)
{
/*Meta Pixel Code*/
!function(f,b,e,v,n,t,s)
{if(f.fbq)return;n=f.fbq=function(){n.callMethod?
n.callMethod.apply(n,arguments):n.queue.push(arguments)};
if(!f._fbq)f._fbq=n;n.push=n;n.loaded=!0;n.version=’2.0′;
n.queue=[];t=b.createElement(e);t.async=!0;
t.src=v;s=b.getElementsByTagName(e)[0];
s.parentNode.insertBefore(t,s)}(window, document,’script’,
‘https://connect.facebook.net/en_US/fbevents.js’);
fbq(‘init’, ‘1517407191885185’);
fbq(‘track’, ‘PageView’);
/*End Meta Pixel Code*/
}
}

// function gtmFunctionForLayout()
// {
//loadJS(“https://www.googletagmanager.com/gtag/js?id=G-K6ZDLWV6VX”, initJobSearch, document.body);
//}

// window.onload = (e => {
// setTimeout(
// function () {
// document.addEventListener(“DOMContentLoaded”, function () {
// // Select all anchor elements with class ‘ui-tabs-anchor’
// const anchors = document.querySelectorAll(‘a .ui-tabs-anchor’);

// // Loop through each anchor and remove the role attribute if it is set to “presentation”
// anchors.forEach(anchor => {
// if (anchor.getAttribute(‘role’) === ‘presentation’) {
// anchor.removeAttribute(‘role’);
// }
// });
// });
// }
// , 200);
//});



Source link

Share. Facebook Twitter Pinterest Bluesky Threads Tumblr Telegram Email
omc_admin
  • Website

Related Posts

BP Sees Up To $5B Impairments Tied to Low Carbon Assets

January 15, 2026

Texas Upstream Employment, Job Postings Drop

January 14, 2026

IPAA Boss Highlights ‘Challenging Price Environment’

January 13, 2026
Add A Comment
Leave A Reply Cancel Reply

Top Posts

Citigroup must face $1 billion lawsuit claiming it aided Mexican oil company fraud

July 1, 20077 Views

LPG sales grow 5.1% in FY25, 43.6 lakh new customers enrolled, ET EnergyWorld

May 16, 20255 Views

Trump’s 100 days, AI bubble, volatility: Market Takeaways

December 16, 20075 Views
Don't Miss

TotalEnergies partners with BluEnergies on deepwater prospect offshore Liberia

By omc_adminJanuary 15, 2026

TotalEnergies has entered a joint study and application agreement with BluEnergies to advance exploration of…

TotalEnergies partners with BluEnergies on deepwater prospect offshore Liberia

January 15, 2026

Canopy Launches $2 Billion Platform to Scale Circular Textiles as Wood Supply Risks Rise

January 15, 2026

eBay Targets Net Zero by 2045 and Expands SBTi Validated Climate Plan

January 15, 2026
Top Trending

Rolls-Royce Appoints Former bp CSO Ivanka Mamic as New Chief Sustainability Officer

By omc_adminJanuary 15, 2026

Canaccord Acquires Energy Transition-Focused Investment Bank CRC-IB

By omc_adminJanuary 15, 2026

Spain’s climate scientists subjected to ‘alarming’ rise in hate speech, minister warns | Spain

By omc_adminJanuary 15, 2026
Most Popular

The 5 Best 65-Inch TVs of 2025

July 3, 202510 Views

The Layoffs List of 2025: Meta, Microsoft, Block, and More

May 9, 202510 Views

‘Looksmaxxing’ on ChatGPT Rated Me a ‘Mid-Tier Becky.’ Be Careful.

June 3, 20257 Views
Our Picks

Chapo Sees Total LNG Project Restart Within Weeks

January 15, 2026

Chapo Sees Total LNG Project Restart Within Weeks

January 15, 2026

Analyst Explains Why Feb NatGas Contract Collapsed Wednesday

January 15, 2026

Subscribe to Updates

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

Facebook X (Twitter) Instagram Pinterest
  • Home
  • About Us
  • Advertise With Us
  • Contact Us
  • DMCA
  • Privacy Policy
  • Terms & Conditions
© 2026 oilmarketcap. Designed by oilmarketcap.

Type above and press Enter to search. Press Esc to cancel.