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Cara prospects looking good
Tullow Oil reports that drilling and testing of the Cara prospect in licence 636 in the Norwegian North Sea has completed. The operator estimates between 25mn boe and 70mn boe have been discovered. The project partners will now evaluate the possibility of linking this discovery to existing infrastructure at the nearby Gjøa field. Engie E&P Norge is the operator of licence 636, with a 30% stake. The other partners are Tullow Oil Norge (20%), Idemitsu Petroleum Norge (30%) and Wellesley Petroleum (20%).
News Item details
Journal title: Petroleum Review
Subjects: Engineering, Oil, Drilling and completion, Exploration and production