ConocoPhillips was awarded three operatorships and ownership interests in a total of five production licenses in the 2019 Awards in Predefined Areas (APA), on the Norwegian continental shelf (NCS).
'We are pleased with the result. The awards enhance our portfolio in two areas where we have built a strong exploration position,’ Arild Skjervøy, Exploration Manager in ConocoPhillips, said.
Two of the operating licenses are located in the Norwegian Sea (PL 1009 B and PL 1064), where we are preparing to drill the Warka and Slagugle prospects in late 2020. The third operated license is situated in the North Sea (PL 917 B), where we have made two recent discoveries (Busta and Enniberg), and we are currently drilling the Hasselbaink prospect.
On 14 January 2020, the Ministry of Petroleum and Energy offered 69 new production licenses on the NCS in the latest licensing round (APA 2019). The production licenses are located in the North Sea (33), the Norwegian Sea (23) and the Barents Sea (13). 28 oil companies, from major international companies to smaller Norwegian exploration companies, were offered licenses. The licenses are awarded with work-program commitments.