– “The results of our analyses will provide the operator and license partners with data that will further de-risk the Shrek discovery and, hopefully, enable them to find more oil,” says Geir Hansen, head of the geochemical section at Applied Petroleum Technology (APT).
According to the agreement, APT will deliver geochemical and biostratigraphical analyses to PGNiG to evaluate where in the reservoir the oil can be found, its nature and its origin.
It was at the end of 2019 PGNiG made its discovery with the wildcat 6507/5-9 S in the Shrek-prospect of the Norwegian Sea. Preliminary estimates of the discovery’s volume are between 19 and 38 MMboe.
This was the company’s first self-operated well on the Norwegian Continental Shelf.
PGNiG Upstream Norway AS is the operator and holds a 40 % ownership in the PL 838-license. Licensees are Aker BP (30 %) and Lime Petroleum (30 %).
The Shrek discovery is situated approximately 210 km west of Brønnøysund, and five km from the Aker BP-operated Skarv-field, of which PGNiG holds an 11.9 % share.
PGNiG will present the Shrek discovery under the conference NCS Exploration – Recent Discoveries in Oslo on the 12th – 13th of May.
Applied Petroleum Technology provides geochemical and biostratigraphic laboratory services, basin modeling and petroleum systems analysis to operators worldwide.
This project is the first for APT with PGNiG in Norway. The company expects to complete its geochemical and biostratigraphic analyses by the end of February.