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Equinor plans on production improvement
Aug. 29, 2018

Equinor plans on production improvement

Equinor unveiled its plans wherein it will drill over 3,000 wells offshore. The focus of the company is to improve the output from older fields and ensure a prolonged production lifetime of almost 20 installations by 2030. The head of development and production of the company said that they aim to achieve 60% and 85% of the recovery rate of oil and gas fields respectively.

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