Between 1 and 10 July 2019 the NPD reported that two deals had been completed in PL 889. Firstly, DNO withdrew transferring its 20% interest to operator Neptune. Then, Concedo also left the licence and split its 40% interest equally between Equinor and Wellesley. Both transfers are effective from 28 June 2019. PL 889 covers 142 sq km over parts of blocks 6507/8 and 6507/9 to the east of Heidrun and was awarded in APA 2016.    Equinor is progressing with its Heidrun Subsea Extension Phase II project which will increase production from Heidrun North Flank and tap into resources from the 2001 Alpha Horst discovery. Plans call for the installation of two new four-slot subsea templates with a total of five new wells to be drilled initially. Three injectors will be drilled on the Heidrun North Template G and will provide additional pressure support to the Heidrun North Flank. Two producers will be drilled on the Heidrun North Template H, with one of the wells targeting Alpha Horst. A new 5.5 km integrated umbilical will be installed connecting the Heidrun TLP platform to the new Template G providing power, hydraulic control and chemicals for injection. In addition, a new 2 km power umbilical will be installed between the two new templates. The well stream will be routed from the new Template H to the existing Template E. The project will aim to recover 21 MMboe with Alpha Horst accounting for around 20% of these volumes. Equinor plans to make a financial investment decision (FID) by the end of 2019 with total investments expected to be around USD 350 million. Drilling operations are due to begin in 2022 with the project expected onstream in Q4 2022. The adjacent Carmen gas discovery will also be phased into Heidrun, via the template H, once sufficient capacity becomes available. The development of Carmen will be a separate project,t with Equinor working to select a development concept by mid-2019.  Following completion of the deal, interest in PL 889 is held by Neptune Energy Norge AS (60% + operator), Equinor Energy AS (20%) and Wellesley Petroleum AS (20%).
Two deals had been completed in PL 889 (142kmÂ²). Firstly, DNO withdrew transferring its 20% interest to operator Neptune. Then, Concedo also left the licence and split its 40% interest equally between Equinor and Wellesley.  