Multi-hundred million barrel cluster development shaping up in Norway

A major new multi-field oil and gas development is taking shape offshore Norway to the west of the giant Troll field operated by Equinor, according to a joint-venture partner.

The Ringvei Vest project will be a “multi-hundred million barrel cluster development” that will tap into a series of discoveries made west of Troll in recent years, co-owner Longboat Energy said today.

The discoveries have come thick and fast in the last couple of years in the Troll-Gjoa area and, based on information by Equinor and other joint venture partners, Ringvei Vest will be based on the development of all, or most, of the following discoveries:

  • Rover South (2023)
  • Rover North (2021)
  • Heisenberg (2023)
  • Echino South (2019)
  • Swisher (2020)
  • Blasto (2021)
  • Toppand (2022)
  • Kveikje (2022)

Equinor said recently there is uncertainty as to the size of each discovery, but an average of the various estimates gives a total volume of around 350 million barrels of oil equivalent, which it said corresponds…