Equinor to Obtain Shell Stake, Operatorship of Linnorm in NCS
Equinor ASA is boosting its stake in the Linnorm discovery in the Norwegian Sea by acquiring Shell plc's 30 percent equity in PL 255.
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Equinor ASA is boosting its stake in the Linnorm discovery in the Norwegian Sea by acquiring Shell plc's 30 percent equity in PL 255.
Equinor increasing its ownership in the Linnorm discovery 14 December 202310:17 View from Åsgard A in the Norwegian Sea ...
Equinor will acquire Shell’s equity in and operatorship of the Linnorm discovery in the Norwegian Sea. Under this agreement…
Linnorm is estimated to contain around 25-30 Bcm of recoverable gas resources. As a comparison, this is more gas than remaining reserves in each of the producing fields Aasta Hansteen, Martin Linge, and Gina Krog.
Aker BP, operator of production licence PL 261, has concluded the drilling of wildcat well 6507/2-6. The well, which was drilled about 7 kms west of the Skarv field in the Norwegian Sea, encountered gas in several geological formations. The preliminary estimate of recoverable gas volume is between 25 and 80 million barrels of oil equivalent (mmboe).