Norway: Det Norske Pleased with Offered Acreage

Det norske oljeselskap ASA has been offered an interest in nine licenses in the APA 2011 licensing round. The company has been offered the operatorship in three of the nine licenses.

Bjørn Martinsen, VP Exploration in Det norske, said he is very pleased with the awards. He is particularly satisfied with the Barents Sea operatorship in production license 659.

“We wish to look more closely at an area where a gas discovery previously has been made on the Caurus prospect. This area is located south of the Norvarg discovery,” Martinsen said.

The company has also been offered three new licenses in the North Sea and one new license in the Norwegian Sea. On top of this, Det norske has been offered additional acreage to four of its current licenses.

Stig Vassmyr, Exploration Manager and head of the company´s office in Harstad, looks forward to taking on this task with an operatorship of such importance.

The company has also been offered three new licenses in the North Sea and one new license in the Norwegian Sea. On top of this, Det norske has been offered additional acreage to four of its current licenses.

Operatorships offered to Det norske, are: PL 659 (30 percent), PL626 (50 percent), PL 414B (40 percent).

A participating interest has been offered in: PL 652 (20 percent), PL 627 (20 percent), PL 619 (30 percent), PL 494C (30 percent), PL 102D (10 percent), PL 035C (25 percent).

The awards will be final once the company accepts the offer.

The APA 2011 (Awards in Predefined Areas) was published by the Norwegian Petroleum Directorate yesterday. The authorities offered 60 production licenses in the APA 2011. A total of 42 companies have been offered a participating interest, and 27 have been granted operatorship.

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Offshore Energy Today Staff, January 18, 2012; Image: Det Norske