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ENI Announces Oil and Gas Discovery in North Sea

ENI, an Italian energy giant announced its oil and gas discovery in North Sea on Tuesday in production license 869 by its subsidiary Var Energi.

According to the company’s press release, ENI holds 69.6% share of jointly owned Var Energi and 30.4% interest in HitecVision who have found this resource through a drilling exploration well 24/8-14s and horizontal appraisal well 24/9-14A in the Froskelar Main prospect. The wells were drilled with semi-submersible drilling rig Scarabeo 8.

The wells are located about 4 km northwest of Boyla Field and 225 km west of Norway’s Stavanger city in water depth of 120 metres.

Source: OilandGasPeople

 

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