UK Budget Assumes Approval of New North Sea Drilling, Signaling Policy Shift
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Equinor's delineation well at the Afrodite discovery near Kvitebjørn field indicates recoverable gas and condensate volumes of 77-180 million boe, more than double prior estimates. This is a significant upside in a mature basin, potentially enhancing Norway's gas supply outlook. The estimate is preliminary and subject to appraisal drilling.
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