The
Abu
Dhabi-led
company
made
the
discovery
at
the
211/21-N94
well,
also
known
as
the
Contender
prospect,
in
Block
211/22a,
it
said
on
Monday.
The
well
was
being
drilled
from
Taqa's
North
Cormorant
platform
to
which
future
production
is
set
to
be
directed.
The
new
field
is
expected
to
be
developed
as
Cormorant
East,
Taqa
added.
Taqa
was
targeting
Jurassic
Brent
sandstones
at
the
well.
The
oil
accumulation
which
was
encountered
is
expected
to
hold
between
10
million
and
30
million
barrels
of
oil
in
place.
Taqa
managing
director
Leo
Koot
said:
"This
project
underpins
our…