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Equinor makes gas, condensate discovery in Norwegian Sea

Published 01/16/2019, 02:46 PM
Updated 01/16/2019, 02:46 PM
© Reuters.  Equinor makes gas, condensate discovery in Norwegian Sea
  • Equinor (EQNR -0.8%) says it discovered natural gas and condensate at its Ragnfrid North exploration well in the Norwegian Sea, with estimated recoverable resources of 6M-25M boe.
  • EQNR says the discovery will increase the probability of discovery for other prospects and pave the way for more drilling operations in the area of the Norwegian Sea.
  • EQNR is operator of the Kristin field and owns a 52% stake, while its partners are Petoro with 27%, Exxon Mobil (NYSE:XOM) with 15% and Total with 6%.
  • Now read: Equinor Bets On Efficiency Amid Volatile Oil


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