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    OKEA aiming for tieback of North Sea Aurora gas field

    July 15, 2020
    OKEA has signed an agreement to acquire Equinor’s 40% operated interest in two production licenses in the Norwegian North Sea.
    (Courtesy OKEA)
    Production licenses 195 and 195 B in the Norwegian North Sea.
    Production licenses 195 and 195 B in the Norwegian North Sea.

    Offshore staff

    TRONDHEIM, Norway – OKEA has signed an agreement to acquire Equinor’s 40% operated interest in two production licenses in the Norwegian North Sea.

    PLs195 and 195 B include the small Aurora gas discovery, west of the Neptune Energy-operated Gjøa field, with recoverable volumes though to be in the range 12-28 MMboe.

    Other partners in the licenses are Wintershall DEA and Petoro. OKEA aims to pursue a low-cost development of Aurora as a tie-in to Gjøa without further appraisal drilling.

    However, the transaction and change of operatorship remain subject to approval by Norway’s Ministry of Petroleum and Energy.

    07/15/2020