APA 2005 - Twenty-six companies are awarded 45 production licenses

TFO 2005 - 26 selskap får tilbud om 45 utvinningstillatelser
15.12.2005
In connection with the awards in predefined areas (APA) 2005, 26 companies have been offered a total of 45 production licenses in mature areas on the Norwegian shelf.  The companies have been offered participating interests in 73 blocks or parts of blocks.

The Ministry of Petroleum and Energy (MPE) will award a total of 45 production licences in the North Sea and on Haltenbanken in the Norwegian Sea to 26 companies.  The emphasis is on the North Sea, where 31 production licenses have been awarded altogether.  The companies will be offered participating interests in a total of 73 blocks or parts of blocks.  In comparison, 21 companies were awarded 28 production licenses in APA 2004, according to a press release from the MPE.
 
"I am pleased with the interest the oil industry is now showing in mature areas on the Norwegian shelf.  The many offers emphasise that mature areas on the Norwegian shelf are very attractive internationally.  The interest shows that the oil companies share the authorities' view that there are still major opportunities in mature areas of the Norwegian shelf.  Through this years' licensing round, we are facilitating more extensive exploration activity in these areas.  This is necessary in order to make sure our resources are exploited in the best possible way," says Minister of Petroleum and Energy Odd Roger Enoksen in a press release.

The award of acreage in 2005 is the third which features the scheme of awards in predefined areas (APA). [Both the area and the number of applicants have increased each year. ]

The object of the APA scheme is to promote more rapid exploration in mature areas.  Moreover, the scheme gives more predictability in that the industry now knows which areas will be available in mature areas of the Norwegian shelf in the years to come.  The predefined areas will be expanded with new areas each year as the shelf matures with regard to petroleum activity, but the areas will not be reduced.  This will make it more attractive for new and smaller companies to get established on the Norwegian shelf.

"Several of the well established companies on the Norwegian shelf have been offered acreage in APA 2005, and we are also pleased to see that so many new players will now be given assignments on the Norwegian shelf," says May-Britt Vik, the NPD's coordinator for APA 2005.
"The production licenses offered in APA 2005 give us reason to believe that the activity on the Norwegian shelf will increase in the years to come," says May-Britt Vik.

For a map and overview of companies, blocks and responsibilities, please see the links in the article Considerable interest in exploring mature areas of the Norwegian continental shelf on the MPE's website.

Offers for 16 operators:
(number of operatorships in brackets)
• BG Norge (4)
• DNO (2)
• DONG Norge(2)
• Endeavour Energy Norge (1)
• Eni Norge (1)
• Idemitsu Petroleum Norge(1)
• Lundin Norway (2)
• Norsk Hydro produksjon (12)
• Norske Shell (1)
• Paladin Resources Norge (1)
• Pertra (2)
• Petro-Canada UK Limited (2)
• Revus Energy (1)
• Statoil (10)
• Talisman Energy Norge (1)
• Total  E & P Norge (2)

Offers for 26 licensees:
(number of shares in brackets)
• Altinex Oil (2)
• BG Norge (4)
• ConocoPhillips  Skandinavia (1)
• DNO (5)
• DONG Norge (5)
• Endeavour  Energy Norge (2)
• Eni Norge (5)
• E. ON Ruhrgas Norge (1)
• ExxonMobil Norway (3)
• Gaz de France (2)
• Idemitsu Petroleum Norge(3)
• Lundin Norway (2)
• Maersk Oil Norway (1)
• Norsk Hydro Produksjon  (17)
• Norske Shell (2)
• Norwegian Energy Company (NORECO) (3)
• Paladin Resources Norge (2)
• Pertra (4)
• Petro-Canada UK Limited (5)
• Premier Oil Norge (5)
• Revus Energy (11)
• RWE Dea  Norge (3)
• Statoil (16)
• Talisman Energy Norge (1)
• Total  E & P Norge (4)
• Wintershall  Norge (2)

Contact in the NPD:
Eldbjørg Vaage Melberg, tel. +47 51 87 61 00