Norway: Seven Oil Companies Buy NPD’s Seismic Data Package

The Norwegian Petroleum Directorate today reported that seven oil companies have purchased it’s seismic data package from Lofoten and Vesterålen, and several more have indicated their interest.

The seven oil companies that have purchased the seismic data package are Statoil, ExxonMobil, Norske Shell, RWE Dea Norge, GDF Suez, Dong Energy and Det norske oljeselskap.

The price of the seismic data package is NOK 43.2 million (USD 7.19 million) plus VAT.

“I am very pleased by the response to the offer to purchase seismic data. It’s obvious that the companies find this interesting,” says exploration director Sissel Eriksen in the NPD.

The NPD acquired seismic data off Lofoten, Vesterålen and Senja on assignment from the Norwegian government between 2007 and 2009. These surveys cost a total of NOK 420 million (USD 70 million).

Stig Vassmyr, exploration manager for the Norwegian- and Barents Sea in Det norske, says it is natural that Det norske is involved in this.

 “For a long time we have been pushing for increased activity in the north. We are always looking for more knowledge about the opportunities on the Norwegian Continental Shelf”

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Offshore Energy Today Staff, January 11, 2012; Image: NPD