Fortis has transferred its 30% interest in PL 617 and PL 771 to partner MOL with effect from 23 April 2018 (reported by the NPD on 27 April 2018). The licences are located immediately east of Valhall on the Norwegian / Danish border. PL 617 covers 112 sq km over part of block 2/9 and PL 771 covers 260 sq km over parts of blocks 2/8 and 2/9.   Valhall was discovered in 1975 by well 2/8-6 drilled by Amoco and first oil was produced in October 1982 from the fieldâs Upper Cretaceous chalk reservoir (Tor and Hod formations). By January 2017 the field, together with Hod, had produced 1 Bboe, more than three times what was expected in the original PDO. The operator has ambitions to produce at least another 500 MMboe over the fieldâs lifetime.  Following completion of the deal, MOL Norge AS is the sole participant (100% + operator) in PL 617. Interest in PL 771 is split between MOL Norge AS (70% + operator) and DEA Norge AS (30%).
Norway (Lindesness Ridge (Central Graben)) Valhall