Equinor Finds Oil at Exploration Well in Norwegian Sea
November 01 2021 - 10:00AM
Dow Jones News
By Dominic Chopping
Equinor ASA said Monday that it and partners PGNiG Upstream
Norway and Longboat Energy Norway have found oil in an exploration
well in the Norwegian Sea.
The company said preliminary estimates from the 6407/1-9 -
Egyptian Vulture well show that between 3 million and 10 million
standard cubic meters of recoverable oil equivalents have been
proven in the well, corresponding to 19 million-62 million
barrels.
The discovery is the sixth Equinor has made on the Norwegian
shelf so far this year, it said.
This is the first exploration well in production license 939,
which was awarded in 2017.
Write to Dominic Chopping at dominic.chopping@wsj.com
(END) Dow Jones Newswires
November 01, 2021 09:45 ET (13:45 GMT)
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