Eni announced a new oil discovery in the north of the Johan Castberg field offshore Norway, according to the company on Monday.
The well is located a few kilometres north of the Johan Castberg field and approximately 230 kilometres northwest of Hammerfest in Norway.
The company said that the new discovery has been made through the exploration of Skruis well, drilled in a water depth of 409 meters.
'The well was planned to test the hydrocarbon potential of the Middle Jurassic Sequence and encountered 34 metres of light oil column in a single sandstone layer with excellent reservoir properties,' the company said.
The company underlined that preliminary estimates of the size of the discovery range between 50 and 60 million barrels of oil in place, 15-25 million barrels of oil recoverable, with further potential to be evaluated.
The plan for development and operation of the Johan Castberg field was approved in June 2018 and production is expected to start in 2022.
Eni has 30 percent share in the Skruis well, while Equinor 50 percent and Petoro the remaining.
Eni's current production in Norway stands at approximately 150,000 barrels of oil equivalent per day.
By Firdevs Yuksel
Anadolu Agency
energy@aa.com.tr