document: Equinor acquired 8% interest in licence P1620 from Eni in February 2019. The licence contains the HP/HT gas condensate Rowallan prospect in block 22/19c which was spudded by Eni on 31 December 2018. Rowallan is a large structural closure estimated to hold P50 gross prospective resources of 220 MMboe. It is thought to be an analogue to the large Culzean field with reservoirs comprising of high quality sandstones at both the Middle Jurassic and Triassic levels. In the event of a success there is additional upside potential in the nearby Dundonald and Sundrum prospects which have similar geological characteristics to Rowallan.   Serica was officially awarded the licence under the 25th Offshore Licensing Round in 2010. Following a deal in 2012 with JX Nippon, the Japanese company farmed in taking an 85% interest operatorship. Then in May 2014 Eni farmed into the licence taking a 50% interest and operatorship. The licence is located near the Eastern Trough Area Project (ETAP) which involves the joint development of the Marnock, Skua, Egret, Heron, Machar, Mungo, Madoes and Mirren fields.  Interest in the licence is held by ENI UK Limited (32% + operator), JX Nippon Exploration and Production (U.K.) Limited (25%), Mitsui E&P UK Ltd (20%), Serica Energy (UK) Limited (15%) and Equinor (UK) Ltd (8%).
summary: Equinor acquired 8% interest in licence P1620 from Eni The licence contains the HP/HT gas condensate Rowallan prospect in block 22/19c 