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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| ConocoPhillips | NYSE:COP | NYSE | Common Stock |
| Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|
| -0.2101 | -0.17% | 122.0399 | 122.68 | 120.875 | 122.51 | 5,210,658 | 01:00:00 |
From May 2019 to May 2024
By Matt Grossman
ConocoPhillips Wednesday reported a new gas condensate discovery at a well drilled in the Norwegian Sea.
A discovery well, drilled to a total depth of 16,355 feet under 1,312 feet of water, found a reservoir that could produce between 50 million and 190 million barrels of recoverable oil equivalent, ConocoPhillips said. The Houston-based energy company owns a 65% working interest in the operating license through ConocoPhillips Skandinavia AS, while PGNiG Upstream Norway AS holds a 35% working interest.
The well is 22 miles northwest of the Heidrun Field and 150 miles from the Norwegian coast. ConocoPhillips said the site will be appraised to determine development plans.
Write to Matt Grossman at matt.grossman@wsj.com
(END) Dow Jones Newswires
November 11, 2020 08:59 ET (13:59 GMT)
Copyright (c) 2020 Dow Jones & Company, Inc.
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