Based on the results of the 22nd licensing round conducted by the Norwegian Ministry of Oil and Energy, Russian oil company LUKOIL was awarded two licenses in the Norwegian sector of the Barents Sea. These licenses are: – Block 719 (Fingerdjupet Region) with LUKOIL holding a 30% interest, Centrica – 50% interest (operator) and North [...]
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Maersk Oil Norway has been offered 20% interest in a new license (PL710) in the Barents Sea in the 22nd licensing round. Operator of the licence will be Total E&P Norge AS with 40% interest. Other partners are Tullow Oil Norge AS and GDF Suez E&P Norge AS each with 20% interest. “This is Maersk [...]
Faroe Petroleum, the independent oil and gas company focusing principally on exploration, appraisal and production opportunities in the Atlantic Margin, Norway and the UK, announces the 22nd Norwegian Licence Round award of a new licence PL716 in the Barents Sea. The Dazzler prospect contained within PL716 (Faroe 20%) is located 90 kilometres to the north [...]
In the 22nd licensing round on the Norwegian continental shelf (NCS) Statoil has been awarded interests in seven production licences in the Barents Sea. Three of the licences will be Statoil operated. “Statoil has been awarded new quality acreage in the Barents Sea. It creates a good foundation for expanding and deepening the core position [...]
TGS will start the Europe 2013 acquisition season with two 3D multi-client surveys in the Norwegian Barents Sea; Finnmark Platform 2013 (FP13) covering 3,500 km2 and the Hoop to Fingerdjupet 2013 (HF13) covering 8,600 km2. Both 3D seismic surveys cover areas of complex geology and are designed to address specific customer imaging requirements. Data from [...]
The Norwegian Petroleum Directorate’s (NPD’s) mapping of the southeastern Barents Sea and the area surrounding Jan Mayen will result in an approximate increase of 15 per cent in the estimates of undiscovered resources on the Norwegian shelf. This corresponds to about 390 million standard cubic metres (Sm3) of oil equivalents (o.e.). The new resource figures [...]
SeaBird Exploration Plc (“SeaBird”) has partnered with Searcher Seismic Pty Ltd (“Searcher Seismic”) on the multi-client 12,000 km Snøspurv 2D high resolution seismic survey covering the Bjarmeland Platform in the Norwegian Barents Sea. The survey is scheduled to commence in Q2 2013 and is estimated to take 4 months to complete. The platform area consists [...]
The Ministry of Petroleum and Energy last week submitted a public consultation on the impact assessment relating to petroleum activity in the Barents Sea South-East. Interested parties are invited to comment on the impact assessment within the next three months. The impact assessment forms part of the process of formally opening the Barents Sea South-East [...]
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The Norwegian Petroleum Directorate has granted Eni Norge AS a drilling permit for well 7122/7-6, cf. Section 8 of the Resource Management Regulations. Well 7122/7-6 will be drilled by the Scarabeo 8 drilling facility in position 71o16`11.44″ north and 22o19´20.14″ east. The drilling program for well 7122/7-6 concerns drilling of an appraisal well in production [...]
Swedish independent Lundin Petroleum yesterday afternoon started the drilling of well 7120/6-3 S in PL490 on the Snurrevad-Juksa prospect in the Barents Sea, some 10 kilometers north of Snøhvit field. The main objective of the well is to prove the presence of hydrocarbons in lower Cretaceous/upper Jurassic reservoirs. Transocean Arctic semi submersible drilling rig is [...]