More oil companies detail offshore Norway license awards

Offshore staff

STAVANGER, Norway – Statoil gained interests in 24 Norwegian offshore licenses under Norway’s APA 2015 round, 13 as operator.

The company’s work program includes two commitment wells that could lead to tiebacks to existing infrastructure, namely Blåmann to Goliat in the Barents Sea, and Cape Vulture to Norne in the Norwegian Sea.

Both wells must be drilled within two years of the license awards.

VNG Norge was offered 30% interests in two Statoil-operated licenses (PL833 and 834); 20% of PL 830, operated by Lundin; and 20% of PL 831, operated by Suncor.

Erling Bergfjord, director exploration, said: “We are satisfied with this outcome. We got all the licenses we applied for.”

Wintershall Norge secured operatorships of three licenses in the Barents, Norwegian, and North seas, lifting its total of Norwegian concessions to more than 60.

Managing director Bernd Schrimpf said: “Wintershall follows a long-term goal on the Norwegian continental shelf. Our discoveries Asha, Maria, and Skarfjell represent a basis for this.”

One of the concessions (PL836S - blocks 6406/2,3 below Cretaceous) contains the Yoshi prospect, which sits on a part-eroded horst block south of the Smørbukk Sør gas/condensate field, and which is defined by a clear up-faulted/dip closed structure. 

Italy’s Edison picked up operatorship of PL 807 in the North Sea; PL 841 (block 6608/8) in the Norwegian Sea; and PL 850 (blocks 7124/6, 7125/4, 5, 6 and 7126/1,4) in the Barents Sea.
Det norske oljeselskap gained interests in 10 new licenses, six as operator.

Faroe Petroleum will operate two of its six new licenses – both are in the North Sea.

PL810 includes the Katie prospect in the Norwegian Central Graben, between the Tambar and Gyda fields to the southwest, the Ula Field to the north, and the Butch development to the east.

The main prospect is a stratigraphic closure of Upper Jurassic Ula reservoir sands. The work program comprises geology and geophysics studies ahead of a 3D seismic reprocessing commitment or drop decision in 2017.

PL825 (blocks 30/3, 6) includes the Rungne prospect between the Oseberg Øst and Huldra fields within the eastern part of the Rungne sub-basin in the Viking Graben. The prospect is a rotated/tilted fault block with Lower Jurassic Brent Group reservoirs, immediately updip well 30/6-11 which encountered oil shows and a potential live column. Commitments include 3D seismic reprocessing ahead of a drill-or-drop decision in 2018.

CEO Graham Stewart said: “Significantly, we have further consolidated our position in core areas of the Norwegian continental shelf in which we have enjoyed recent exploration success, enhancing our acreage positions near and around the greater Njord Areas and the Butch development project.

“At this stage no well commitments have been offered and should we and our partners progress these toward exploration drilling. Faroe continues to benefit from the Norwegian tax system whereby 78% of all exploration related expenditure is eligible for a tax rebate in the following year.”

Currently Faroe is participating in the Kvalross exploration well in the Barents Sea and has two further firm wells lined up in the Norwegian Sea later this year.


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