Aker BP has assigned 20% from its 60% operated stake in PL1005 to Shell, effective 30 June 2020. PL1005 covers 1,775 sq km of blocks 6404/9 & 12, 6405/4, 7 & 10 in the Norwegian Sea More Basin. It was awarded in APA 2018 on 1 March 2019 and has a drill decision due on 1 March 2021. The acreage contains the Ellida oil discovery well 6405/7-1 (2003, Statoil 4,300m), which found a 52m oil column in low quality Late Cretaceous Nise Formation reservoir, and a flow test indicated poor production properties from the well. Shell operates PL832, adjacent to the S of PL1005. Revised PL1005 partners are Aker BP ASA (40% + Op), VÃ¥r Energi AS (40%) and AS Norske Shell (20%). 
Norway (More B.), PL 1005 operated by AKER BP. Aker BP has assigned 20% from its 60% operated stake in PL1005 to Shell. Revised PL1005 partners are Aker BP ASA (40% + Op), VÃ¥r Energi AS (40%) and AS Norske Shell (20%).