“In order to achieve a high level of value creation and State revenues, it is important that we facilitate a long-term, stable activity level on the continental shelf. Timely exploitation of the mature areas on the shelf is a prerequisite for achieving this. The fact that so many companies have expressed interest in new awards in mature areas is very positive” says Minister of Petroleum and Energy Ola Borten Moe (Centre Party).
The APA system involves annual awards within pre-defined mature areas. The available area is expanded as new areas mature. The objective of the APA system is to stimulate exploration activity in mature parts of the shelf where, in most cases, we expect minor discoveries that can carry a stand-alone development. Good resource management indicates that we prove and exploit these resources before existing infrastructure associated with other fields is shut down.
Although most discoveries in the APA acreage cannot support a stand-alone development, recent years have shown that significant discoveries can still be made in mature areas of the shelf. This is a result of the fact that the APA system facilitates circulation of area, and allows new ideas to be tested in areas that have been available for exploration for several years. Large parts of the APA acreage have been previously awarded and relinquished.
“The fact that we have as many as 50 companies on the list of applicants illustrates again the enormous success of the APA scheme. This program has become one of the pillars in our work to maximise value from our oil and gas resources,” says Minister of Petroleum and Energy Ola Borten Moe.
The Government announced APA 2013 on 15 February 2013. More information about APA 2013 can be found in the press release that was issued at the time. Here you can also find a map of the announced areas.
The following companies have applied for production licences: A/S Norske Shell, Atlantic Petroleum Norge AS, Bayerngas Norge AS, Bridge Energy Norge AS, Capricorn Norge AS, Centrica Resources Norge AS, Chevron Norge AS, Concedo ASA, ConocoPhillips Scandinavia AS, Core Energy AS, Dana Petroleum Norway AS, Det norske oljeselskap ASA, Dong E&P Norge AS, E.ON Ruhrgas Norge AS, Edison International SpA, ENI Norge AS, EnQuest Norge AS, Explora Petroleum AS, ExxonMobil Exploration and Production Norway AS, Eykon Energy AS, Faroe Petroleum Norge AS, Fortis Petroleum Norway AS, GDF SUEZ E&P Norge AS, Idemitsu Petroleum Norge AS, Ithaca Petroleum Norge AS, Lime Petroleum Norway AS, LOTOS Exploration & Production Norge AS, Lundin Norway AS, Maersk Oil Norway AS, Marathon Oil Norge AS, Moeco Oil & Gas Norge AS, North Energy ASA, Noreco Norway AS, OMV Norge AS, Petrolia Norway AS, PGNiG Norway AS, Premier Oil Norge AS, Repsol Exploration Norge AS, Rocksource ASA, RWE-Dea Norge AS, Skagen44 AS, Spike Exploration Holding AS, Statoil Petroleum AS, Svenska Petroleum Exploration AS, Suncor Energy Norge AS, Talisman Energy Norge A/S, Total E&P Norge AS, Tullow Oil Norge AS, VNG Norge AS, Wintershall Norge ASA.