• NCSAtlas: provides monthly up-to-date information on licenses and field activities on the Norwegian Continental Shelf, including area-by-area reviews, exploration drilling activity, reserves/resources benchmarks, production profile outlooks and monthly feature topics (e.g. asset transaction).
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Key NCS Takeaways April 2017
Point Resources acquired ExxonMobil’s operated portfolio excluding Sigyn for an undisclosed consideration. The portfolio has production of around 54 kboe/d and is complementary to Point Resources’ existing growth focused portfolio
PGNiG acquired 35% of Storklakken from AkerBP. The discovery is likely to be sanctioned for development as a subsea tie-back to Alvheim in 2017
Lundin announced a successful appraisal of its Edvard Grieg field by discovering an oil column of 15 meters in the southwestern part of the field. Additional resources are estimated at 10-30 MMboe
Statoil made a 6-18 MMboe discovery in the Albiorix prospect located in the Gimle unit. The discovery will likely be developed with a well from the Gullfaks C platform
Statoil submitted Plan for Development and Operation for both Njord and Bauge. Total investments are estimated at NOK 19.8 billion with resources estimated at 175 MMboe for Njord and Hyme, and 73 MMboe for Bauge
Maersk operated Flyndre came on-stream. The field is a subsea tie-back to the Clyde platform on the UKCS
AkerBP announced it will go ahead with NOK 1.7 billion in investments on the Tambar field to produce an additional 27 MMboe through two new wells and gas lift
ENI will also drill an additional two wells at the Goliat field to produce an additional 7.5 MMboe from the Snadd formation