The discovery is said to have excellent reservoir quality. Longboat Energy has announced a “significant” discovery at the Equinor operated Kveikje exploration well (35/10-8S) in license PL293B. The preliminary estimate of recoverable resources in Kveikje Main, the primary target of the well, is 28 million barrels of oil equivalent (MMboe) to 48 MMboe, gross, according to Longboat, which highlighted that this is above the pre-drill expectations. Longboat noted that the discovery has excellent reservoir quality and said it is close to existing infrastructure, allowing for a simple development through multiple export options. According to Longboat, the Kveikje discovery will be evaluated as part of a potential Equinor operated area development, which could comprise numerous recent discoveries in the area, including Toppand, Swisher, Røver Nord, Echino South and Blasto, as well as the undeveloped Grosbeak field. “Longboat is very pleased to have made a significant commercial discovery in the Kveikje […]