The NPD confirmed on 3 January 2019 that Equinor has acquired 15% interest in in PL 768 and PL 768 B from Concedo with effect from 21 December 2018. The licences are located in the Barents Sea with PL 768 covering parts of blocks 7123/5, 7123/6, 7123/7, 7123/8, 7123/9, 7124/4, 7124/7 and 7124/8 and PL 768 B covering parts of blocks 7122/8 and 7122/9. No wells have historically been drilled on the acreage covered by either licence but the licences are directly adjacent to Goliat, the only producing oil field in the Barents Sea.  Goliat commenced production on 12 March 2016 and it was the first oil field to come onstream in the Norwegian Barents Sea. The field holds estimated recoverable reserves of almost 200 MMboe with field life expected to be 15 years. The project consists of wells drilled through eight subsea templates tied-back to a circular FPSO, using both electricity from shore and a gas turbine for power generation. The facility has a production capacity of 100,000 bo/d and 140 MMcfg/d and is capable of storing 1 MMbo. Oil is exported via shuttle tankers and gas is re-injected back into the Triassic Kobbe Formation reservoir. The fieldâs original two main reservoirs are the Kobbe Formation (at approximately 1,800 m deep) and the Jurassic / Triassic Realgrunnen Group (at around 1,000 m). Both are low pressure, oil-filled reservoirs with gas caps. In 2017 production also started from the Triassic Snadd Formation reservoir.    Following completion of the deal interest in both licences is split between Wintershall Norge AS (30% + operator), OMV (Norge) AS (25%), Petoro AS (20%), Equinor Energy AS (15%) and Concedo ASA (10%).
Norway (Finnmark Platform (Barents Sea Platform)) Goliat