Assets

ONE-Dyas Norge’s focus is on strategic growth through the acquisition of development and production assets and the expansion of our exploration portfolio through the participation in the Awards in Predefined Areas (APA) rounds.

Below is an overview of our assets in Norway.

Legend

  • Operated Production
  • Non-operated Production
  • Operated Exploration
  • Non-operated Exploration

Exploration

Fogelberg (PL433)

Fogelberg

Fogelberg is a discovery in Haltenbanken in the Central Norwegian Sea. Gas and condensate in Ile and Garn Jurassic Formations. Equity acquired from Faroe Petroleum (now DNO)

Working interest

Spirit Energy Norway AS (Operator) 51.7%
PGNiG Upstream Norway AS 20%
DNO Norge AS 15%
ONE-Dyas Norge AS 13.3%

Development Concept

  • Tie-back to Åsgard field

Status

  • Ongoing evaluation for future development

Fogelberg NPD facts

Vette (PL972)

Vette

PL972 license was awarded after the APA2018 round. Vette was discovered by Phillips Petroleum in 1972. Several unsuccessful attempts in the past by other companies to commercialize the field

Working interest:

Repsol Norge AS(Operator) 40%
M Vest Energy AS 30%
ONE-Dyas Norge 30%

Current focus and Work program:

  • Currently several technical studies ongoing
  • If decided to continue, PDO expected in March 2022

Vette NPD facts

PL1059

ONE-Dyas was awarded with 40% of PL1059 exploration license after the APA round 2019

Working interest:

AS Norske Shell (Operator) 60%
ONE-Dyas Norge AS 40%

Status

  • Currently G&G studies
  • Drill or drop decision in February 2021

 

PL1059 NPD facts

PL1071

ONE-Dyas was awarded with 10% of PL1071 exploration license after the APA round 2019

Working interest:

Wintershall Dea Norge AS (Operator) 30%
AS Norske Shell 20%
Petoro AS 20%
Equinor Energy AS 20%
ONE-Dyas Norge AS 10%

Status

  • Currently G&G studies and reprocessing of 3D seismic
  • Drill or drop decision in February 2022

 

PL1071 NPD facts

Development and Production

Nova (PL418, PL418B and PL378)

Nova

Nova is a field located in the northern part of the North Sea, primarily in the PL418 license area. it is 17km southwest from Gjøa field and 50km northwest from Troll. The reservoir contains oil and gas in the Late Jurassic Heather Formation. PDO was approved in September 2018 and the first production is expected in 2021. ONE-Dyas Norge entered into an agreement for the acquisition of 10% from Cairn Energy’s subsidiary Capricorn Norge AS in August 2019, which transaction completed in December 2019. The transaction also comprised of a 12.12% interest in PL378.

Equities

Wintershall-Dea Norge AS (Operator) 45%
Spirit Energy Norway AS 20%
Edison Norge AS 15%
Capricorn Norge AS 10%
ONE-Dyas Norge AS 10%

Development Concept

  • Subsea tie-back to Gjøa
  • Ongoing works for production start in 2021

Nova NPD facts