The area near the oldest NCS licence keeps on giving

The area near the oldest NCS licence keeps on giving

Neglected for years by ExxonMobil, the greater Balder area is now back on the exploration agenda following a discovery announced by Vår Energi yesterday.

With the discovery of between 60 and 135 MMboe recoverable, Vår Energi and partner Mime Petroleum (10%) have clearly proven that the area where the second wildcat on the entire Norwegian Continental Shelf was drilled (25/11-1, 1967) still holds potential up to today. Is it a surprise to see this unfolding? In a way, it […]

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