PL959 & PL959B

Operator:

Equinor Energy AS

Location:

Block 6503/8, 6503/11, 6503/12, 6504/10 and 6504/11 (PL959) and 6404/1,2, 6503/9 (PL959B)

Status:

Awarded 24th concession round, TFO 2018 (PL959B)

Right holders:
Equinor Energy AS 50%
Spirit Energy Norway AS 20%
Petoro AS 20%
M Vest Energy AS 10%

PL 959 was awarded June 18th 2018, as a part of the 24th concession round on the Norwegian Continental Shelf (NCS). Until now this part of the NCS has been underexplored, and the license contains several large, un-drilled structures with high potential. The license covers five blocks which represent a total of 2177 sqkm.

Also the neighbouring blocks contains interesting prospectivity, and these will be matured towards upcoming concession rounds.