On 29 August 2019 ConocoPhillips spudded exploration well 25/7-7 in PL 782 S targeting the Busta gas condensate prospect. The âLeiv Eirikssonâ S/S was used for the well which lies between Balder and Frosk. The licence is stratigraphically split, applying below the Base Cretaceous. TD was reached at 4,730 m in the Middle Jurassic Heather Formation and the well has made a new oil and gas discovery. Two separate gas condensate and oil-bearing zones were encountered in the Upper Jurassic Draupne Formation totalling 25 m. The secondary Heather Formation objective was thin, silty and water-wet. Estimated recoverable reserves are 6 - 63 MMboe (much lower than the pre-spud range given by partner Aker BP of 54-199 MMboe). On 9 November 2019 the well was abandoned.   Aker BP has had recent success in the area with its 2018 Frosk discovery and the 2019 Froskelar discovery. At Frosk (24/9-12 S) a 10 m oil column was proven in a 40 m thick Eocene Hordaland Group sandstone injectite and a sidetrack confirmed a 30 m oil column in the Hordaland injectites. Estimated recoverable reserves are 30-60 MMboe. The Froskelar Main well (24/9-14 S) found a 38 m oil column plus a 30 m gas column, also in Hordaland injectites, and a horizontal sidetrack of this well confirmed 540 m of oil and gas-bearing injectite zones. Estimated recoverable reserves are 60-130 MMboe.   Interest in PL 782 S is split between ConocoPhillips Skandinavia AS (40% + operator), Aker BP ASA (20%), Wintershall Dea through DEA Norge AS (20%) and Equinor Energy AS (20%).
025/07-07 (Busta) expl. (COP op, Aker BP, Wintershall Dea, Equinor) 1st well in PL 782 S, NW of Balder, small discovery, encountered 2 separate gas/cond + oil-bearing intvs totalling 25m in the Draupne fm, no hc/water contact, 6-60 Mmboe recoverable, WD=125m, TD=4705m (Heather fm).