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Articles for Tag or Tags: New Oil Discovery

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Oil Discovery Near the Johan Castberg Field in the Barents Sea

11.03.2021
Equinor and partners Vår Energi and Petoro have struck oil in exploration well 7220/7-4 in production licence 532 in the Barents Sea. Recoverable resources are so far estimated at between 5 and 8 million standard cubic metres of recoverable oil, corresponding to 31 – 50 million barrels of recoverable oil.

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