7120/12-2 (Alke Sør) is a discovery in the southern Barents Sea, approximately 50 kilometres south of the Snøhvit field and 55 kilometres southwest of the Goliat field. The water depth is 160 metres. Alke Sør was proven in 1981. The reservoirs contain gas and condensate in sandstone of Late Triassic and Jurassic age in the Snadd and Stø Formations, at a depth of 1900 metres. Processing capacity for third-party at Melkøya onshore facility will most likely not be available before around 2040. Alternative development scenarios, including transportation of the gas to a possible hydrogen/ammonia factory in Finnmark, are therefore being considered.
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