ORLEN Group confirms gas and condensate reserves in Adriana discovery
PGNiG Upstream Norway and its license partners successfully completed drilling in the PL211 CS licence in the Norwegian Sea. The appraisal well confirmed that the Adriana field contains natural gas and condensate reserves of 28-43 million barrels of recoverable oil equivalent.
The Norwegian upstream company of ORLEN Group, together with its license partners, drilled the well to obtain precise information on the properties of the Adriana discovery on the PL211 CS license located 270 kilometers north of Kristiansund. The well, which reached a vertical depth of over 3,000 metres, shows an increase relative to the gas and condensate volume estimate of between 19-31 million barrels of recoverable oil equivalent made following discovery in 2021. The drilling also confirmed very good reservoir quality, which could have a positive impact on the profitability of potential production.
PGNiG Upstream Norway bought a 10% interest in licence PL211 CS from Sval Energi AS in May 2023. In December 2023, the company increased its holding in the field to 11.92 per cent through an asset swap with Wintershall Dea Norge. In addition to Adriana, the licence also includes a second discovery called Sabina, containing gas and oil. This discovery has yet to be appraised.
The PL211 CS licence is located approximately 25 km southwest of the Skarv area, which is one of the the main hubs of PGNiG Usptream Norway's operations in the Norwegian Sea. Due to the short distance, development of the Adriana field could be possible using Skarv's well-developed production infrastructure. Such a development could reduce the costs and time needed to launch production while also potentially reducing the CO2 emissions associated with developing the deposit. Such an approach is in line with ORLEN Group's strategy on the Norwegian Continental Shelf, which is to maximise the use of the assets already in place to support production efficiency. Currently, in addition to the Adriana and Sabina fields, PGNiG Upstream Norway holds interests in the Alve, Alve Nord, Aerfugl Nord, Idun Nord, Marulk, Ørn and Verdande fields in the vicinity of the Skarv area.
PGNiG Upstream Norway holds an 11.92% share in licence PL211 CS, with Wintershall Dea Norge (operator) holding 38.08%, Petoro – 35% and Aker BP – 15%.
