Equinor transferred 10% of its previous 80% operated stake to Source Energy, effective 20 December 2019. The licence was awarded in APA 2016 on 10 February 2017 and Atlantis NFW 30/2-5 S is planned in Q1 2020 in the N of the licence. It covers 361 sq km in blocks 30/2 and 30/3 and contains the shut in Huldra gas and condensate field to the S, which produced 635 Bcfg and 25.5 MMbc from Middle Jurassic Brent Group sands between 2001 and 2014, and technical gas and condensate discovery 30/3-9 (2000, Statoil, 4,015m TD) in Middle Jurassic Ness Formation. Shell exited the licence in February 2018, transferring its 30% equity to Equinor, which later assigned 20% to Wellesley Petroleum in November 2018. PL878 partners are Equinor Energy AS (70% + Op), Wellesley Petroleum AS (20%) and Source Energy AS (10%).
Equinor (->70% op. Wellesley 20%) transferred 10% of its previous 80% operated stake in PL 878 to Source Energy.