Equinor spudded its Mist exploration well 7219/9-3 on 12 July 2020. It was using the âTransocean Enablerâ S/S to drill the well in PL 532. Mist lies approximately 6 km south of Kayak and 22 km southwest of Johan Castberg. The objective was the Lower Jurassic Tubaen Formation, expected at 913 m and mapped to be 150 m thick. Porosity was forecast at 29% and chance of success at 32%. The prospect was prognosed to contain oil and gas and operations were estimated to last for 39 days. On 28 July 2020, 16 days after spudding, Equinor was preparing to pull the BOP and abandon the well having drilled to TD - 1,338 m.  Equinorâs Kayak discovery was made in 2017. 7219/9-2 proved two oil-bearing sandstones (27 m and 18 m) in the upper part of the Lower Cretaceous Kolje Formation (a new play type for the area) with no OWC. Estimated recoverable reserves are 25-50 MMboe.  Johan Castberg contains recoverable reserves of 558 MMboe and first oil is expected in Q4 2022. The three fields involved in the project â Skrugard, Havis and Drivis â will be developed using an FPSO, 10 subsea templates, two satellite structures and 30 wells, with oil exported by shuttle tanker. CAPEX is estimated at NOK 47.2 billion (USD 5.79 billion) and the break-even price is around USD 31 per barrel. Johan Castberg is forecast to produce for at least 30 years. The PDO, submitted on 5 December 2017, was approved by the Ministry of Petroleum and Energy on 11 June 2018.  Interest in PL 532 is divided between Equinor Energy AS (50% + operator), Var Energi AS (30%) and Petoro AS (20%).
(Barents Sea Platform)Well 7219/9-3 on PL 532 abandoned with results not available op. by EQUINOR (50%), VAR EN (30%), PETORO (20%) objective in Lower Jurassic Tubaen Formation