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Equinor Makes Gas, Oil find in Norwegian Sea


These translations are done via Google Translate

(Reuters) – Norway’s Equinor has discovered gas and oil in the Haltenbanken Vest Unit prospect in the Norwegian Sea, the Norwegian Offshore Directorate said on Tuesday.

The well was drilled in connection with the Lavrans discovery, which is part of the Kristin field, according to the offshore directorate.

Preliminary estimates indicated a discovery of between 2 million and 4 million standard cubic metres of recoverable oil equivalent, the directorate said.

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Four million standard cubic metres would correspond to about 25 million barrels of oil equivalent, according to a Reuters calculation.

Equinor is the operator and owns 54.82% of the permit while Norwegian state-owned oil firm Petoro holds 22.52%, Vaar Energi 16.66% and TotalEnergies holds the remaining 6%.

Reporting by Louise Breusch Rasmussen, editing by Stine Jacobsen and Terje Solsvik

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