Equinor has assigned 10% of its 70% operated stake in PL878 to Source Energy effective 31 March 2020. PL878 was awarded in APA 2016 on 10 February 2017 with a two-year drill or drop decision taken by 10 February 2019, and NFW well 30/2-5 S Atlantis is planned in Q2 2020 in the N of the licence. The acreage 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. The licence covers 361 sq km over blocks 30/2 and 30/3 in the northern North Sea. On 8 February 2019, Shell exited the licence transferring its 30% equity to Equinor. Source Energy initially entered the licence on 20 December 2019 when it acquired 10% from Equinor. PL878 partners are Equinor Energy AS (60% + Op), Wellesley Petroleum AS (20%) and Source Energy AS (20%). 
Norway, PL 878