Equinor Hits Gas at Gullfaks South, Extending 40-Year-Old North Sea Field Life

Equinor and partners Petoro and OMV discovered gas at the Gullfaks South field, 190 km northwest of Bergen, with recoverable resources estimated at 3.3–10.3 million barrels of oil equivalent. The find, drilled as a sidetrack, supports continued production and activity at the mature license, though the modest size limits its macro impact. It signals ongoing investment in North Sea infrastructure despite regional maturity and energy transition pressures.