Oil and Gas round-up

The Norwegian Petroleum Directorate (NPD) has granted Lundin Energy a drilling permit in production licence PL 886 in the Southern Norwegian Sea. Lundin is the operator (60%) in partnership with Spirit Energy Norway (20%) and Petoro (20%). The licence area consists of parts of blocks 6306/6, 6306/8 and 6306/9. The well will be drilled around 72 km east of the Ormen Lange field. 

Petrobras has identified hydrocarbons in the Santos Basin pre-salt, in a pioneer well in the Aram block. Well 1-BRSA-1381-SPS (Curacao) is located 240 km from the city of Santos-SP, at a water depth of 1905 m. The Aram block was acquired in March 2020, in the 6th Bidding Round of the National Agency for Petroleum, Natural Gas and Biofuels (ANP), under the production sharing regime. Petrobras is the operator of the block (80%), in partnership with CNODC (20%). 

Trinidad and Tobago has launched its 2021 Deep Water Competitive Bid Round, with the deadline for submission being 2 June, 2022. Seventeen offshore deepwater blocks are on offer located off the northern and eastern coasts of Trinidad and Tobago. 

Equinor has entered into an agreement to acquire all of Spirit Energy’s production licences in the Statfjord area which spreads across the Norwegian and UK Continental Shelves and are developed by three integrated production platforms (Statfjord A, B, C). Equinor will pay $50 million, plus a contingent payment linked to commodity prices for the period between October 2021 to December 2022. 

Shell has announced a material discovery at the Blacktip North prospect in the US Gulf of Mexico. The Blacktip North well encountered approx. 300 feet net oil pay at multiple levels. Blacktip North is located in OCS block Alaminos Canyon (AC) 336, approx. 4.5 miles northeast of the recently appraised Blacktip discovery, 25 miles northeast of the recently announced Leopard discovery, 30 miles northeast of the planned Whale host, and 42 miles from the Perdido host.