Brasse Field's northern appraisal sidetrack 31/7-3 A has proved successful and encountered 40m gross hydrocarbon bearing Jurassic reservoir, as released on 2 January 2019. 31/7-3 A was kicked-off on 17 December 2018 and reached SSTD at 2,254m. Both the reservoir depths and the hydrocarbon contact is similar to the pre-drill expectations and further wireline logging is ongoing. Brasse East exploration well 31/7-3 encountered 48m of aquiferous Jurassic excellent quality reservoir. Faroe Petroleum states that the excellent sand quality in the Brasse East Exploration well has reduced the reservoir risk of the Brasse Extension exploration prospect located to the north east of the Brasse Field. The wells were drilled with the "Transocean Arctic" semi-sub over PL740 in 124m WD. The Brasse discovery was made by 31/7-1 (2016, Faroe, 2,780m) which encountered 18m gross gas pay and 21m gross oil pay in good quality Fensfjord Formation reservoir, and a sidetrack confirmed 25m oil and 6m gas gross pay in good quality Fensfjord sandstones. Following two successful appraisal wells in 2017, 31/7-2 S & A, gross recoverable volumes have been estimated at 46-76 MMbo and 59-97 Bcfg. Brasse is located 5km S of Brage oil field (Wintershall operated with Faroe as partner), and 5km E of Equinor's Oseberg field cluster. Brasse development concept selection was ongoing in 2018. PL740 was awarded on 7 February 2014 in the APA2013 licensing round, and covers 87 sq km in blocks 31/7 and 30/9. On 10 December 2018, licence partner Point Resources merged with Eni Norge to form Var Energi. Brasse lies in PL740, B & C and equity partners are Faroe Petroleum Norge AS (50% + Op) and Var Energi AS (50%).
Brasse Field's northern appraisal sidetrack 31/7-3 A has proved successful and encountered 40m gross hydrocarbon bearing Jurassic reservoir, 