Equinor (EQNR) Gets Drilling Permit to Explore Norwegian Sea
EQNREquinor(EQNR) ZACKS·2024-07-13 00:05

Equinor ASA (EQNR) has received the green light from the Norwegian Offshore Directorate to drill a wildcat well in the Norwegian Sea. Equinor has been granted the drilling permit for wellbore 6610/7-3 within the Production License (PL) 1014.EQNR is the operator of PL 1014, holding an 80% stake in the license. The remaining 20% is owned by OKEA. Per the permit, the entry date has been set for October 2024.Drilling a wildcat well involves significant risk due to the high degree of uncertainty in discovering o ...