Company Report
Equinor oil and gas exploration summary
This report is currently unavailable
Report summary
In 2021, Equinor stated its plan to accelerate its transition towards new energy and low-carbon solutions. Upstream oil and gas will play a smaller, yet crucial role within the company, generating cashflow. Exploration will focus on near-field targets along the Norwegian shelf, and large frontier prospects in the Americas. Production volumes will decrease with time, as the company aims to reach net zero scope 1 and 2 carbon emissions by 2050.
Table of contents
- Exploration & Production Norway (EPN)
- Exploration & Production International (EPI)
-
Exploration strategy
- Exploration & Production Norway (EPN)
- Exploration & Production International (EPI)
- Renewables
-
Results summary
- Spend
- Value creation
-
Current portfolio and exploration outlook
- Resources
- Production and potential cost of production
-
Value creation
- Domestic exploration
- Deepwater value creation
- Key project offshore East Canada
Tables and charts
This report includes 19 images and tables including:
- Basins drilled and all conventional discoveries 2014-2023
- Ten-year performance summary
- Equinor's current acreage - top 15 countries (in km2)
- Production from new field discoveries as a proportion of all future production
- Finding and development costs for added resources
- Full-cycle economics
- Top 10 conventional discoveries by development value (2014-2023)
- Net exploration and appraisal wells by country
- Exploration & appraisal spend and reinvestment
- Exploration success rates
- Largest 10 conventional discoveries (net, 2014 to 2024)
- Volumes discovered by year
- Volumes discovered by water depth
- Volumes discovered by country
- Volumes discovered by basin
- Conventional value and spend by country
- IRR by water depth
- Conventional value creation
- Exploration returns by year - Conventionals
What's included
This report contains:
Other reports you may be interested in
Insight
Oil and gas exploration: 2023 in review
Positive value creation and double-digit returns despite lowest discovered volumes in last ten years.
$1,300
Asset Report
Bulgaria onshore fields
Oil and Gas Exploration & Production (OGEP) operates the only producing assets in Bulgaria's onshore sector. TransAtlantic ...
$3,100
Country Report
Bulgaria upstream summary
A mature hydrocarbon province in decline - Oil production began in the mid-20th century and peaked at over 9,000 b/d in 1966. Gas ...
$3,400
