Equinor discovers gas at Norway's Gupark South field
EQNR Equinor ASA ADR
$42.93 +3.17%
View chart & analysis → - 1Equinor, along with partners Petoro and OMV, has discovered gas at the Gupark South field.
- 2Recoverable oil equivalent from the exploration well is estimated at 3.3 million to 10.3 million barrels.
- 3Equinor plans to drill 20 to 30 exploration wells annually to maintain current production levels.
So what's the key point?
Equinor and other companies have found gas in the Norwegian Sea. This discovery could provide up to 10.3 million barrels of energy.
Source Oilprice.com +1 · View original ↗
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