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ConocoPhillips announces oil find at Slagugle discovery in Norwegian Sea

Oilfield Technology

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.

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How Energy Giants Performed in Q1 2025: A Breakdown of Equinor, BP, Hess, and NOG

Rextag

production increased versus the prior year, due to: Increased output from existing fields Higher ownership from new transactions in U.S. Production and Operations Performance Oil and gas output was resilient, underpinned by high asset reliability. TWh , the same as Q1 2024. BP reported Adjusted EBITDA of $8.7 billion, down from $10.3