NORWAY'S Equinor is on track to spud its Egyptian Vulture well off Norway in late August using the semi-submersible drilling rig West Hercules, according to partner Longboat Energy. The well is targeting gross mean prospective resources of 103 million barrels of oil equivalent with further potential upside to bring the total to 208 million boe. The well - the first Longboat will participate in - is expected to take up to four weeks to drill with a pre-carry net cost to Longboat of $5 million, the junior company said in a trading update. It will be the first an anticipated seven-well exploration programme for Longboat over the next 18 months on the Norwegian continental shelf.
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