Equinor Hires Deepsea Atlantic Rig to Drill 2 Wildcat Wells in PL 554
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Equinor has received a drilling permit for two wildcat wells in the Norwegian North Sea, with drilling set to begin in April using the Deepsea Atlantic rig.
March 13, 2025 | 4:00 pm
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Equinor has been granted a permit to drill two wildcat wells in the Norwegian North Sea, with operations commencing in April. This development could potentially lead to new oil discoveries, impacting Equinor's production capabilities and future revenues.
The granting of a drilling permit for two wildcat wells suggests potential for new oil discoveries, which could enhance Equinor's production capabilities and future revenues. This is a positive development for Equinor, likely to have a favorable impact on its stock price.
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