DEA has secured two new licences from the Norwegian Ministry of Petroleum and Energy under the 2016 Awards in Predefined Areas (APA 2016).
Out of these licenses, it will serve as operator in one of them. Norwegian Ministry of Petroleum and Energy in total has awarded 56 new production licences in Norwegian Continental Shelf.
DEA Norge exploration manager Svend Erik Pettersson said: “We are awarded the licences we applied for, and are very satisfied with the outcome of APA 2016.
“We focused on getting an operated licence with a strong partnership in an attractive area in the Norwegian Sea, and we succeeded.”
The licence PL 896 the company received operatorship of is located in the Norwegian Sea towards north-east of the Skarv field.
DEA also plans to participate in four to five wells per annum as an operator and partner in the following years.
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DEA Norge managing director Hans-Hermann Andreae said: “These awarded licences support our long-term commitment to further growth on the NCS and prove the authorities’ continued confidence in DEA’s ambitions and competencies.
In the licence PL 896, DEA owns 40% interest, while the remaining stake is held by Statoil 20%, Lundin 20% and Petoro 20%.
The company has also won a 20% interest in the PL 782SC licence. ConocoPhillips with 40% (operator), Aker BP 20%, and Statoil 20% are the remaining stakeholders in this licence.
Among the 56 awarded licences, 36 are located in the North Sea, 17 in the Norwegian Sea and three in the Barents Sea. The ministry awarded the offshore licences to 29 companies with Statoil winning 29 exploration licences.
Of these 29 licences, Statoil will serve as operator in 16 licences.
Image: PL 896 location in the Norwegian Sea. Photo: courtesy of DEA.