Norway Awards in Predefined Areas (APA) 2021

APA 2021

On 18 January 2022, the Norwegian Ministry of Petroleum and Energy announced that 28 companies have received offers of ownership interests in a total of 53 production licences on the Norwegian Shelf in the Awards in Predefined Areas (APA) 2021.

The authorities assessed applications from a total of 31 companies during autumn 2021.

Of the 53 production licences, 28 are in the North Sea, 20 are in the Norwegian Sea and 5 are in the Barents Sea. 17 of the production licences are additional acreage to existing production licences.

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Screen the Barents Sea with Searcher's 2D

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 2021 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.

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

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