BY CONTINUING TO USE THIS SITE, YOU ARE AGREEING TO OUR USE OF COOKIES. REVIEW OUR
COOKIE NOTICE

Register with us today

and in less than 60 seconds continue your access to:Latest news headlinesAnalytical topics and featuresCommodities videos, podcast & blogsSample market prices & dataSpecial reportsSubscriber notes & daily commodity email alerts

Already have an account?

Log in to register

Forgot Password

Please Note: Platts Market Center subscribers can only reset passwords via the Platts Market Center

Enter your Email ID below and we will send you an email with your password.


  • Email Address* Please enter email address.

If you are a premium subscriber, we are unable to send you your password for security reasons. Please contact the Client Services team.

IF you are a Platts Market Center subscriber, to reset your password go to the�Platts Market Center to reset your password.

In this list
Natural Gas

Norway's Equinor finds 6-25 million boe of gas and condensate

Grains | Coal | Electric Power | Natural Gas | Oil | Metals | Petrochemicals | Shipping

Market Movers Europe, September 3-7: EU offers US tariff deal; Trump WTO threat reverberates

Natural Gas | Oil

Platts Wellscape P2P

Commodities | Energy | Electric Power | Emissions | Renewables | Natural Gas | Natural Gas (North American)

Northeast Power and Gas Conference

Natural Gas

Dutch, German gas prices remain bullish, posting both prompt, near curve gains

Norway's Equinor finds 6-25 million boe of gas and condensate

Highlights

Discovery made at Ragnfrid North exploration well

Equinor partners with Petoro, ExxonMobil, Total

London — Norway's Equinor has discovered recoverable gas and condensate resources estimated at 6 milion-25 million barrels of oil equivalent, the company said Wednesday.

Not registered?

Receive daily email alerts, subscriber notes & personalize your experience.

Register Now

The discovery was made in the Norwegian Sea Ragnfrid North exploration well, around 20 kilometers south of the Kristin platform, and will help clarify the resource base in the area for the next few years, it said.

The find was made by Equinor and its partners in the project, Petoro, ExxonMobil and Total.

"We are pleased to start the new year by announcing a new discovery," Nick Ashton, Equinor's senior vice president for Norway and the UK, said in a statement.

"Exploring for resource close to existing infrastructure is a central part of Equinor's strategy to further develop the Norwegian continental shelf. We need this kind of discoveries in the years to come."

The new discovery, together with former discoveries at Lavrans and Erlend East, will provide a more detailed picture of the potential in area, he said.

"The license partners will now evaluate the discovery for development and tie-in to the Kristin field and further maturing of the Kristin South project," the company said.

--Frank Watson, frank.watson@spglobal.com

--Edited by Jonathan Fox, newsdesk@spglobal.com