A Review of Licensing Awards in the NCS
1 August 2015

In January 2015, the authorities announced the award of 34 licences spread throughout the North Sea with 32 companies being successful applicants. In this article we look, briefly, at the prospectivity of the areas awarded. Although three licences were awarded with firm wells, two of these wells are related to prospects which extend into the neighbouring PLs held by the same licence group.