Shrek partner Lime Petroleum's parent company Rex International Holding published an independent QPR for the discovery on 25 March 2020. The report puts the range of recoverable resources at between 10-22 MMbo plus 25-50 Bcfg. Shrek was discovered in 2019 by PGNiG's first Norwegian operated well 6507/5-9 S. In February 2020 PGNiG and Aker BP agreed a deal whereby the latter will take over operatorship of PL 838 with a view to bringing Shrek onstream as a tie-back to itsÂ Skarv field (although PGNiG will regain operatorship once production starts).  Shrek is a rotated fault block in the lower part of the Ravfallet Fault Complex, located updip and along the spill route of Skarv and Idun. It has four reservoirs â the Middle Jurassic Garn, Not and Ile formations and the Lower Jurassic Tilje Formation.     Garn â up to 33% porosity,      net:gross 0.89, extremely good reservoir  Not â up to 23% porosity, net:gross      0.5, usually shale but reservoir in this location  Ile â up to 29% porosity, net:gross      0.92, heterogeneous reservoir  Tilje â up to 29% porosity, net:gross      0.8, heterogeneous reservoir   An oil and gas column totalling 85 m was present in 6507/5-9 S, with 60 m of sandstone, with the GOC at 2,034 m subsea and the OWC at 2,074 m subsea. Appraisal sidetrack 6507/5-9 A confirmed the same reservoir (a 65 m section with 45 m of sandstone) and the same contacts. Estimated recoverable resources given at the time of discovery were 19-38 MMboe.  Upon completion of the deal, interest in PL 838 will be divided as follows: Aker BP ASA (35% + operator), PGNiG Upstream Norway AS (35%) and Lime Petroleum AS (30%).
Shrek partner Lime Petroleum's parent company Rex International Holding published an independent QPR for the discovery on 25 March 2020. The report puts the range of recoverable resources at between 10-22 MMbo plus 25-50 Bcfg. Shrek was discovered in 2019 by PGNiG's first Norwegian operated well 6507/5-9 S. In February 2020 PGNiG and Aker BP agreed a deal whereby the latter will take over operatorship of PL 838 