Project Profile
Location: northernmost margin of the Southern Permian Basin, Danish sector of the North Sea
Blocks: 5603/30, 5603/31, 5503/2
Area: 284.9 sq km
Water depth: 70m
Licence award: 2016
Licence term: 6 years
Start-up Year: -
Hansa Hydrocarbons has been provisionally awarded a new licence under the Danish 7th Licensing Round, namely 14/16 in the Danish sector of the North Sea. The award remain subject to ratification by the Danish parliament.
Licence 14/16 covers an area of 284.9 sq km and is located on the northernmost margin of the Southern Permian Basin on the western limit of the Danish offshore, bounded to the west by the UK median line and to the south by the German median line. Extensive in-house regional geological studies, combined with a rigorous analysis of the available 3D seismic, support material prospectivity in Jurassic-age oil-prone stratigraphic traps on the flanks of the Mid North Sea High. The licence term is six years with a decision at the end of the second year to either acquire a new 3D seismic survey or to drill an exploration well. The firm work program consists of reprocessing existing 3D seismic data in order to improve the structural definition prior to taking the decision to enter the next phase of the licence with the appropriate work program.
Operators:
Edison International S.p.a.: Operator with 48% interest
Hansa Hydrocarbons: 32% interest
Nordsøfonden: 20% interest