PL 530

This license is located in the Barents Sea on the very southern part of the Bjarmeland Platform/eastern edge of the Hammerfest Basin on trend with the Goliat and Tornerose discoveries to the west and the Nucula discovery to the southeast. Several prospects have been identified within the license, with prospectivity present at multiple reservoir levels. Prior to application Rocksource tested the main prospects in the license by acquiring CSEM data. After processing of the data Rocksource has concluded that resistivity anomalies are associated with the prospects, and the observed anomalies are likely to be caused by hydrocarbons.

The license group consists of:
GDF Suez Norge AS (Operator): 40%
Discover Petroleum AS: 20%
North Energy AS: 20%
Rocksource ASA: 20% 

Work Programme

• Within 2 years: Drill 1 firm exploration well 200 m. into Havert Fm or to 3,000 m.
• Within 3 years: (April. 30th. 2012): Decide to relinquish (only if first well is dry) or decide to drill well # 2.
• Within 5 years (April. 30th. 2014): Fulfill drilling of second well and decide PDO or drop.
• Within 6 years (April 30th. 2015): Submit PDO
• Extension period: 30 years

 Map showing PL 530 and surroundings

Last update May 2009