Vår Energi makes oil and gas discovery in Norwegian Sea

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%).

    

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