Polish PGNiG informs that the drilling of an exploration well on the Warka prospect in licence PL1009 in the Norwegian Sea has been successfully completed. The well is located in an area where PGNiG Upstream Norway has conducted hydrocarbon exploration and production operations for many years now. Preliminary estimates put the recoverable resources of the new discovery at between 8 bcm and 30 bcm of natural gas and condensate.
The Warka prospect was first identified by PGNiG Upstream Norway in 2015 and jointly evaluated with ConocoPhillips, resulting in a mutual application in APA 2018, including a firm well commitment. PL1009 was awarded in 2019 and the prospect was approved for drilling in 2020, followed by the drilling operations which commenced in August 2020. PGNiG Upstream Norway now holds a 35% interest in the licence where the discovery was made, with the licence operator ConocoPhillips holding the remaining 65%. The partnership will work together to fully understand the results of the well while planning an appraisal campaign.