Introduction

Location: Block 6507/3 in Norwegian sea

Awarded: 13.08.2004

Licence expires: 03.03.2029

Current area: 61.978 Square kilometres

Production licence 159 B was awarded in 2004. The Norwegian Petroleum Directorate has granted Equinor a drilling permit for wells 6507/3-13 and 6507/3-13 A in production licence PL 159 B. Wells 6507/3-13 and 6507/3-13 A will be drilled from the Transocean Spitsbergen drilling facility in position 65 59`26.44 N and 07 44`43.02 E. Equinor is the operator with an ownership interest of 53 per cent. The other licensee is Faroe Petroleum Norge AS and INEOS E&P Norge with 32 and 15 per cent.

The area in this licence consists of part of Block 6507/3. The wells will be drilled about 4 kms northwest of the Alve field. Production licence 159 B was awarded on 13 August 2004 in licensing round 12-B on the Norwegian shelf. This is the fifth exploration well to be drilled in the licence.

The permit is contingent on the operator securing all other permits and consents required by other authorities prior to commencing the drilling activity.

The area in this licence consists of part of Block 6507/3. The wells will be drilled about 4 kms northwest of the Alve field. Production licence 159 B was awarded on 13 August 2004 in licensing round 12-B on the Norwegian shelf. This is the fifth exploration well to be drilled in the licence.

The permit is contingent on the operator securing all other permits and consents required by other authorities prior to commencing the drilling activity.

Equinor Energy AS: Operator with 53% interest

Faroe Petroleum Norge AS:  with 32% interest

INEOS E&P Norge AS: with 15% interest