OKEA and partners, Petoro and Neptune Energy Norge, have agreed to continue exploration licence PL958, east of the OKEA-operated Draugen field.
The decision comes six months after OKEA assumed operatorship.
This commits the licence partners to acquire new 3D seismic data and they have already decided to prefund a 3D seismic multi-client acquisition by PGS.
The seismic survey is planned to start in July 2019.
“We are excited to be able to accelerate the exploration program on PL958 by at least a year through this early commitment,” said SVP Subsurface, Andrew McCann in OKEA.
“This is an essential data component for further maturation of the resource potential in the acreage, particularly to map the extension of the Draugen Rogn trend into the unexplored area, which has not previously been covered by 3D seismic data. PGS, as contractor on data acquisition and processing, is the ideal partner to secure an optimal data quality for further work. We are privileged to have promising, unexplored area within 30km of our production hub.”
The survey is planned to be carried out by Ramform Vanguard and covers an area of approximately 850 km2.