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Equinor: Profits up, carbon down in high graded U.S. portfolio


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Equinor: Profits up, carbon down in high graded U.S. portfolio

Business

Category: Business News

In the first six months of 2022, equity oil and gas production from the US was 332,000 barrels of oil equivalent per day (boepd) – 18% lower than the corresponding period last year following the 2021 sale of the Bakken assets. Despite lower production, net operating income increased to 2.2 billion USD – more than six times higher than the first half 2021.

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Source: Equinor