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

Colombia fines Ecopetrol CEO Ricardo Roa over Petro campaign spending violations

November 27, 2025

OPEC+ set to pause production increases in 2026 as global surplus builds

November 27, 2025

Colombia fines Ecopetrol CEO Ricardo Roa over Petro campaign spending violations

November 27, 2025
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 » Vår Energi makes oil and gas discovery in Norwegian Sea
Executive Moves

Vår Energi makes oil and gas discovery in Norwegian Sea

omc_adminBy omc_adminJuly 21, 2025No Comments2 Mins Read
Share
Facebook Twitter Pinterest Threads Bluesky Copy Link


Vår Energi has made a commercial gas and condensate discovery in the Vidsyn exploration well, located close to the Vår Energi-operated Fenja field in the Norwegian Sea. The discovery is the third commercial discovery for Vår Energi so far in 2025 and will be evaluated as a potential tie-in to Fenja. 


The discovery was made on the Vidsyn ridge, which has the potential to hold up to 100 million barrels of oil equivalent (MMboe) gross. The Vidsyn well confirms discovered recoverable resources in the range of 25 to 40 MMboe gross, which are considered commercial. The remaining potential of the ridge will be assessed through an appraisal program, to facilitate for a fast-track development.

The well encountered very good quality reservoirs with over 200 m of hydrocarbon column. The discovery is located updip of a previous exploration well, providing a clear framework confirming commerciality and supporting further evaluation of the broader Vidsyn ridge. The reservoir contains high quality gas-condensate only eight km from the existing Fenja subsea infrastructure, which is tied into the Njord host facility.

“Vidsyn is an exciting discovery unlocking a much larger potential along the ridge in our operated Fenja area and adding high-value barrels to be developed leveraging existing infrastructure in which Vår Energi holds significant equity,” said Vår Energi’s SVP of Exploration, Luca Dragonetti.

The discovery supports the company’s infrastructure-led exploration approach and strengthens its position in the Norwegian Sea.

“We are actively exploring in this area and are currently maturing new prospects,” added Dragonetti. “The Vidsyn discovery is the consequence of our disciplined and selective exploration strategy focused on expanding our ability to deliver value through proximity to existing infrastructure.”

The partners in 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%).



Source link

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

Related Posts

Colombia fines Ecopetrol CEO Ricardo Roa over Petro campaign spending violations

November 27, 2025

OPEC+ set to pause production increases in 2026 as global surplus builds

November 27, 2025

Angola starts up $4 billion gas facility to advance energy security, gas monetization

November 27, 2025
Add A Comment
Leave A Reply Cancel Reply

Top Posts

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

May 16, 20255 Views

South Sudan on edge as Sudan’s war threatens vital oil industry | Sudan war News

May 21, 20254 Views

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

December 16, 20074 Views
Don't Miss

Colombia fines Ecopetrol CEO Ricardo Roa over Petro campaign spending violations

By omc_adminNovember 27, 2025

(Bloomberg) – Colombia’s electoral authority fined officials from President Gustavo Petro’s 2022 campaign, including the…

OPEC+ set to pause production increases in 2026 as global surplus builds

November 27, 2025

Angola starts up $4 billion gas facility to advance energy security, gas monetization

November 27, 2025

Oil and gas firms get more time under EPA’s revised methane rule

November 27, 2025
Top Trending

Scientists warn of severe climate-related risks to UK economy and security | Climate crisis

By omc_adminNovember 27, 2025

Knight Frank Signs $238 Million Green Energy Deal for UK Properties

By omc_adminNovember 27, 2025

John Kerry urges Australia to take ‘hard-nosed’ approach with world’s biggest fossil fuel-producing countries at Cop31 | John Kerry

By omc_adminNovember 26, 2025
Most Popular

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, 20256 Views

Ring Founder on ‘Tough Day’ of AWS Outage: ‘We Got Through It’

October 24, 20254 Views
Our Picks

Colombia fines Ecopetrol CEO Ricardo Roa over Petro campaign spending violations

November 27, 2025

Oil and gas firms get more time under EPA’s revised methane rule

November 27, 2025

Lotte and Hyundai to Merge Some Petrochem Units

November 27, 2025

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
© 2025 oilmarketcap. Designed by oilmarketcap.

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