Searcher in Norway

APA 2020

The Norwegian Ministry of Petroleum & Energy announced on 19 June 2020 the 36 new blocks in its Awards in Predefined Areas (APA) 2020. The deadline for applications is set for 22 September 2020, and the aim is to grant new production licences in early 2021.

“In these challenging times, it is important to plan for the future. Stable access to new acreage for petroleum exploration is key in order to develop our most important industry further and to maintain the level of activity on the Norwegian Shelf. Awards in pre-defined areas contribute to the exploration of the well-known parts of the shelf, and they are sought-after by the companies” says Minister for Petroleum and Energy, Tina Bru

AVA attribution through Cretaceous and Jurassic fan present in the Barents Sea on Searcher’s SilverEye 3D Seismic Survey

Working towards the APA 2020 deadline?

Searcher has an extensive data library in the Barents Sea as well as coverage in North Sea and Norwegian Sea over parts of the APA 2020 areas.

Searcher’s 2D regional datasets enable rapid screening & AVO analysis across the Barents Sea. The regional 2D datasets provide a consistent, regional grid covering the offshore basins of the Barents Sea, tying as many wells, leads and prospects as possible, providing the best value proposition for evaluating the APA 2020 license opportunities.

In the Hammerfest Basin substantial volumes of hydrocarbons, both oil and gas, have been discovered in the classic Jurassic and Middle Triassic formations. Two fields, Snøhvit and Goliat, are in production and new discoveries expected, either stand-alone, or tied back to existing facilities. However, Searcher’s modern Silver-Eye Broadband 3D Seismic Survey shows significant underexplored potential in the basin, revealing remaining hydrocarbon potential in undrilled Jurassic structures and significant yet-to-find volumes in the Middle Triassic and Upper Jurassic to Lower Cretaceous plays. Little is known of the Early-Mid Triassic Kobbe Formation, which represents an important part of the Goliat Field and may be a very attractive future target. Palaeozoic plays are as yet undrilled in most of the area. In addition, the seismic data may unravel well developed carbonate build-ups towards the north-east of the basin.

Searcher Data Coverage