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The appraisal well was drilled approximately 22 km north-east of the Heidrun field and 270 km north of Kristiansund. The Deepsea Yantai drilling rig, operating in a water depth of 341 m, was utilised for the drilling. The well results have confirmed the presence of oil and provided essential data for potential development.
With techniques like CO injection and steam flooding , EOR extended the life of aging fields by decades. Boosting Recovery: EOR methods increased recovery rates by up to 60%, reviving fields that had been written off. Permian Basin Pioneer: Projects here used CO injection to produce an extra 1 million barrels annually by 2005.
production increased versus the prior year, due to: Increased output from existing fields Higher ownership from new transactions in U.S. Conclusion: Q1 2025 Performance Summary Equinor Strong in: European gas pricing, new field startups (Johan Castberg), and capital discipline. TWh , the same as Q1 2024. shale basins. billion $4.97
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