Equinor ASA
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The purchases of stakes in four major European oil companies come during a global oil and gas industry downturn, as demand has slumped…
Drilled by the Pacific Khamsin rig to a depth of 33,348 feet, the well found about 200 ft of net oil pay with good reservoir…
“Equinor is in a strong position to handle market volatility and uncertainty,” CFO Lars Christian Bacher said in a statement on April…
WTI discounts are $6 to $7 a barrel, increasing pressure on producers to shut in wells.
Western Europe’s biggest producing oil field is now expected to hit a daily output rate of 470,000 barrels in early May, above the 440…
New Financings
Equinor launched a share buyback program of up to $5 billion over a period until the…
Executed debt capital market transactions through the issuance of EURO 850 million notes due 2020, EUR…
The company has commenced an underwritten public offering of 6,750,000 shares of common stock pursuant to…
Activity Highlights
Equinor, based in Stavanger, completed Fram Field exploration well #35/11-23 Echino South in the North Sea. Recoverable resources are estimated at 38-100 MMbbl of oil equivalent. It was drilled to 2.947 m, and area water depth is 350 m. The well…
Equinor has reported that it and partners Aker BP and Wellesley Petroleum have discovered gas with their exploration well, #6507/2-5S Orn, in Block 6507/2, PL942, southwest of Marulk Field in the Norwegian North Sea. According to the Stavanger-…
Equinor announced an oil and gas discovery at an exploration well in Snadd Outer Outer/Black Vulture in offshore Norway production license 159B. According to the company, the well had two different reservoir targets—an upper drilling target…
Stavanger-based Equinor announced results from the Verbier appraisal well #20/05b-14 on the U.K. Continental Shelf in the North Sea. It was drilled to 3,784 m and, based on preliminary observations during drilling, the well did not encounter…
Stavanger-based Equinor has added a block to a deepwater Gulf of Mexico drilling plan that it initially submitted four years ago. According to a new exploration plan, the company intends to drill up to four tests from various surface locations on…
Transactions
Equinor, Shell Buy Out Schlumberger In Argentina’s Vaca Muerta Shale
Equinor, Shell Buy Out Schlumberger In Argentina’s Vaca Muerta Shale
Equinor, Shell Buy Out Schlumberger In Argentina’s Vaca Muerta Shale
Equinor, Shell Buy Out Schlumberger In Argentina’s Vaca Muerta Shale
Equinor Sells Eagle Ford Asset In $325 Million Deal
Equinor Sells Eagle Ford Asset In $325 Million Deal
Repsol Buys Stake In US Gulf Of Mexico Monument Prospect
Repsol Buys Stake In US Gulf Of Mexico Monument Prospect
Norway's Equinor Adds Acreage Offshore Argentina
Norway's Equinor Adds Acreage Offshore Argentina