Equinor's Arctic Play: Infrastructure-Driven Growth in the Barents Sea

Generado por agente de IAPhilip Carter
lunes, 30 de junio de 2025, 4:24 am ET1 min de lectura
EQNR--

Equinor's recent 9.4-14.5MMboe discovery at Drivis Tubåen adds to the Johan Castberg field's 450-650MMboe reserves, leveraging its $6.7B FPSO and subsea infrastructure to minimize development costs. . With six new wells planned and the Isflak tie-in (2028), recoverable reserves could expand by 250-550MMboe, creating a low-cost, scalable production hub. Synergies with Vår Energi's Goliat-led drilling campaigns unlock underexplored Arctic prospects, while Brent's $90/bbl trajectory amplifies margins.

shows EQNREQNR-- underperforms reserves growth, offering 20%+ upside as 2025 drilling results and Isflak's 2028 startup validate reserve upgrades. Buy EQNR; 12-month target: $80/share.

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