OKEA Awarded Four New Production Licences in APA 2021

Source: www.gulfoilandgas.com 1/18/2022, Location: Europe

OKEA ASA has been offered interests in four new production licences on the Norwegian Continental Shelf, three of which as operator, through the Awards in Pre-Defined Areas (APA) for 2021.

The awards announced by the Ministry of Petroleum and Energy further strengthen OKEA's portfolio of near-field exploration opportunities around its Draugen and Gjøa production hubs. The company now has interests in over 15 exploration-focussed licences.

The three new OKEA-operated licences are located in the Norwegian Sea. The fourth licence, to be operated by Spirit Energy, is located in the North Sea, north-east of the Aurora discovery.

''These new awards give OKEA a great opportunity to build further on the near -field exploration activities we have around Draugen, where we are drilling two wells this year, and the Gjøa area where we also operate the Aurora discovery'', comments SVP Subsurface & Wells, Andrew McCann. 'In addition, we have added acreage in the Norwegian Sea near our Mistral and Fagn exploration licences''.


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