NORWEGIAN oil company Equinor and its joint venture partners Petronas and Repsol have hit 60 metres of net oil pay at the Monument exploration well in the central US Gulf of Mexico.
Overnight, Equinor said the Monument well had been drilled to a total depth of 10,164m in water depths of 1,900m, intersecting the target Paleogene sandstone. The well hit 60m of oil pay in the...
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