A Review of Licensing Awards in the NCS
1 April 2014

On 21 January 2014 the NPD announced the award of licences from the APA 2013 Round for which applications were submitted by 11 September 2013. A considerable number of awards were made throughout the Norwegian sector with the vast majority being Drill or Drop. No firm wells were bid except for one in block 16/7 on what is believed to be a small satellite to the Sleipner Øst Field. Although a fair number of the licences are isolated and possibly linked to blocks already held by the group there are a number of areas where significant positions were acquired, either as a single or several licences. It is these that will be discussed further in an attempt to elucidate the prospectivity and play potential.