Equinor Strikes New Oil and Gas Reserves in the Norwegian North Sea [Yahoo! Finance]
Equinor ASA (EQNR)
Last equinor asa earnings: 2/6 12:43 am
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Source: Yahoo! Finance
The Norwegian energy company has drilled an exploration well and a sidetrack at water depths of 355 meters in the Rhombi prospect, approximately 10 kilometers north of the Troll field in the North Sea. The Norwegian Offshore Directorate (“NOD”) has confirmed that both wells have encountered hydrocarbons (oil and gas). The hydrocarbons have been found in the Sognefjord and Fensfjord formations and show good reservoir quality. Equinor has stated that the estimated reserves lie in the range of 13-28 million barrels of oil equivalent (MMBoe). Further, more than half of the reserves are estimated to be gas. The NOD has mentioned that this discovery is the first of its kind to be made in the region in 2024. Equinor has also made many other discoveries in the region in recent years. EQNR is the operator of PL 090, holding a 45% stake. Its partners Vår Energi and INPEX Idemitsu Norge have 40% and 15% stakes, respectively. The operators of the license are considering the possibility of a
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EQNR
Earnings
- 10/24/24 - Beat
EQNR
Sec Filings
- 11/20/24 - Form 6-K
- 11/19/24 - Form 6-K
- 11/19/24 - Form 6-K
- EQNR's page on the SEC website