740

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• General information

  General information

  Attribute	Value
  Production licence Name of the production licence	740
  NPDID production licence Norwegian Offshore Directorate's unique id for production licences	24214205
  Factmaps in new window	link to map
  Status Current status of production licence. Example of legal values: ACTIVE, INACTIVE	ACTIVE
  Main area Name of the area on the Norwegian Continental Shelf where the wellbore is located. Example of legal values: Barents Sea, Norwegian Sea, North Sea	North sea
  Licensing activity Name of the licensing activity the production licence was awarded in.	TFO2013
  Date granted Date the production licence was granted by the Norwegian authorities.	07.02.2014
  Date valid to Date the production licence is valid to.	07.02.2039
  Stratigraphical Indicates if the licence has vertical limitations based on stratigraphy. 'NO' means no such limitations, 'YES OR PARTLY' means that either whole or parts of the licence has such limitations.	NO
  Original area [km2] Original area of the production licence in square kilometres.	87
  Current area [km2] Current area of the production licence in square kilometres.	55

• Phases

  Phases

  Date phase valid from	Date phase valid to	Phase
  07.02.2014	07.02.2020	INITIAL
  08.02.2020	31.12.2022	INITIAL EXTENDED
  01.01.2023	07.02.2024	INITIAL EXTENDED
  08.02.2024	07.02.2039	PRODUCTION

• Licensees — current

  Licensees — current

  Date valid from	Company longname	Interest [%]
  29.12.2023	DNO Norge AS	39.278800
  -	OKEA ASA	39.278800
  -	Lime Petroleum AS	17.000000
  -	M Vest Energy AS	4.442400

• Operatorship — current

  Operatorship — current

  Date valid from	Company longname
  04.08.2023	OKEA ASA

• Area – current

  Area – current

  Date valid from	Block name	Polygon number	Polygon area [km2]	Vertical limitations
  23.12.2020	30/9	1	3
  -	31/7	2	51

• Work program (initial phase)

  Work program (initial phase)

  Work obligation	Decision	Task status	Expiry date	Wellbore if drilled
  Merge 3D seismic		Approved
  	Decision to drill	Will be drilled	07.02.2016
  Drill exploration well		Approved		31/7-2 A
  	(BoK) Decision to concretize	Approved	07.02.2018
  Conceptual studies		Approved
  	(BoV) Decision to continue	Approved	31.05.2022
  (PDO) Prepare plan for development		Approved
  	(PDO) Decision to submit plan for development	Approved	07.02.2024
  	Decision to enter extension period	Approved	07.02.2024

• Conditions (production phase)

  Conditions (production phase)

  Work task	Decision	Description (norwegian)	Task status	Expiry date
  	Decision to drill		In process	30.06.2027
  	(BoK) Decision to concretize		In process	30.06.2028
  Drill exploration well			In process
  	(BoV) Decision to continue		In process	30.06.2029
  Conceptual studies			In process
  	(PDO) Submit plan for development		In process	30.06.2030
  (PDO) Prepare plan for development			In process

• Mortgages from the Petroleum register – current (in Norwegian only)

  Mortgages from the Petroleum register – current (in Norwegian only)

  Dokument nummer	Registreringsdato	Utdrag av dokument
  18009	20.09.2023	Okea ASA pantsetter sin 50 % deltakerandel i tillatelsen til fordel for Nordic Trustee AS. Pantobligasjon stor USD 500 000 000, skriver United States Dollars five hundred million.Pantsetter har ikke rett til å overdra eller foreta ytterligere pantsettelser av pantsatte objekt uten skriftlig samtykke fra panthaver.Olje- og energidepartementet har i brev av 4.9.2023 gitt samtykke i medhold av petroleumsloven § 6-2 første ledd. Pantsettelsen utgjør et såkalt krysspant.
  18203	01.02.2024	Reduksjon av pantsettelse, dok. nr. 18009 registrert 20.09.2023 i OKEA ASA sin deltakerandel i utvinningstillatelsen fra 50 % til 39,2788 %. Panthaver Nordic Trustee AS samtykker til reduksjon av pant i påtegning datert 31.01.2024.
  19473	10.06.2025	M Vest Energy AS pantsetter sin 4.4424 % deltakerandel i tillatelsen til fordel for DNB Bank ASA. Pantobligasjon stor NOK 500 000 000, skriver norske kroner Five Hundred Million Norwegian Kroner.Pantsetter har ikke rett til å overdra eller foreta ytterligere pantsettelser av pantsatte objekt uten skriftlig samtykke fra panthaver.Energidepartementet har i brev av 04.06.2025 gitt samtykke i medhold av petroleumsloven § 6-2 første ledd. Pantsettelsen utgjør et såkalt krysspant.
  19574	02.07.2025	Lime Petroleum AS pantsetter sin 17 % deltakerandel i tillatelsen til fordel for Lime Petroleum Holding AS. Pantobligasjon stor NOK 960 000 000, skriver Norwegian kroner nine hundred and sixty million.Pantsetter har ikke rett til å overdra eller foreta ytterligere pantsettelser av pantsatte objekt uten skriftlig samtykke fra panthaver.Energidepartementet har i brev av 15.06.2024 gitt samtykke i medhold av petroleumsloven § 6-2 første ledd. Pantsettelsen utgjør et såkalt krysspant.

• Wellbores – exploration, drilled in the production licence

  Wellbores – exploration, drilled in the production licence

  Wellbore name	Entered date	Completed date	Purpose	Status	Content
  31/7-1	23.05.2016	22.06.2016	WILDCAT	P&A	OIL/GAS
  31/7-1 A	23.06.2016	14.07.2016	APPRAISAL	P&A	OIL/GAS
  31/7-2 A	08.07.2017	27.07.2017	APPRAISAL	P&A	OIL/GAS
  31/7-2 S	24.05.2017	08.07.2017	APPRAISAL	PLUGGED	OIL
  31/7-3 A	17.12.2018	18.01.2019	APPRAISAL	P&A	OIL/GAS
  31/7-3 S	20.11.2018	16.12.2018	APPRAISAL	P&A	DRY

• Wellbores – development, drilled in the production licence

  Wellbores – development, drilled in the production licence

  Wellbore name	Entered date	Completed date	Purpose - planned	Status	Content
  31/7-B-1 H	05.08.2025	04.09.2025	OBSERVATION	PLUGGED
  31/7-B-1 AY1H	14.10.2025	28.10.2025	PRODUCTION	CLOSED	OIL/GAS
  31/7-B-1 AY2H	30.10.2025		PRODUCTION	ONLINE/OPERATIONAL
  31/7-B-2 H	07.08.2025	01.10.2025	PRODUCTION	CLOSED

• Wellbores – other, drilled in the production licence

  Wellbores – other, drilled in the production licence

  Wellbore name	Entered date	Completed date	Purpose	Status
  31/7-U-1	12.12.2024	13.12.2024	SHALLOW GAS	PLUGGED

• Licensees — full history

  Licensees — full history

  Date valid from	Date valid to	Company longname	Interest [%]
  29.12.2023		DNO Norge AS	39.278800
  		OKEA ASA	39.278800
  		Lime Petroleum AS	17.000000
  		M Vest Energy AS	4.442400
  31.10.2023	28.12.2023	DNO Norge AS	50.000000
  		OKEA ASA	45.557600
  		M Vest Energy AS	4.442400
  28.02.2023	30.10.2023	DNO Norge AS	50.000000
  		OKEA ASA	50.000000
  07.02.2023	27.02.2023	DNO Norge AS	100.000000
  28.01.2022	06.02.2023	Vår Energi ASA	50.000000
  		DNO Norge AS	50.000000
  19.12.2019	27.01.2022	Vår Energi AS	50.000000
  		DNO Norge AS	50.000000
  21.05.2019	18.12.2019	Vår Energi AS	50.000000
  		DNO North Sea (Norge) AS	50.000000
  10.12.2018	20.05.2019	Faroe Petroleum Norge AS	50.000000
  		Vår Energi AS	50.000000
  26.05.2016	09.12.2018	Faroe Petroleum Norge AS	50.000000
  		Point Resources AS	50.000000
  07.02.2014	25.05.2016	Core Energy AS	50.000000
  		Faroe Petroleum Norge AS	50.000000

• Operatorship — full history

  Operatorship — full history

  Date valid from	Date valid to	Company longname
  04.08.2023		OKEA ASA
  19.12.2019	03.08.2023	DNO Norge AS
  21.05.2019	18.12.2019	DNO North Sea (Norge) AS
  07.02.2014	20.05.2019	Faroe Petroleum Norge AS

• Area – full history

  Area – full history

  Date valid from	Date valid to	Block name	Polygon number	Polygon area [km2]	Vertical limitations
  23.12.2020		30/9	1	3
  		31/7	2	51
  07.02.2014	22.12.2020	31/7	1	84
  		30/9	2	3

• Licensees – transfers

  Licensees – transfers

  Date valid from	Transfer direction	Type of change	Company name	Transferred interest [%]
  29.12.2023	FROM	TRANSFER	OKEA ASA	6.278800
  	TO	TRANSFER	Lime Petroleum AS	6.278800
  	TO	TRANSFER	Lime Petroleum AS	10.721200
  	FROM	TRANSFER	DNO Norge AS	10.721200
  31.10.2023	FROM	TRANSFER	OKEA ASA	4.442400
  	TO	TRANSFER	M Vest Energy AS	4.442400
  28.02.2023	TO	TRANSFER	OKEA ASA	50.000000
  	FROM	TRANSFER	DNO Norge AS	50.000000
  07.02.2023	TO	WITHDRAWAL FROM THE JOINT VENTURE	DNO Norge AS	50.000000
  	FROM	WITHDRAWAL FROM THE JOINT VENTURE	Vår Energi ASA	50.000000
  28.01.2022	FROM	CHANGE OF COMPANY NAME	Vår Energi AS	50.000000
  	TO	CHANGE OF COMPANY NAME	Vår Energi ASA	50.000000
  19.12.2019	TO	TRANSFER	DNO Norge AS	50.000000
  	FROM	TRANSFER	DNO North Sea (Norge) AS	50.000000
  21.05.2019	FROM	CHANGE OF COMPANY NAME	Faroe Petroleum Norge AS	50.000000
  	TO	CHANGE OF COMPANY NAME	DNO North Sea (Norge) AS	50.000000
  10.12.2018	FROM	MERGER/TAKEOVER	Point Resources AS	50.000000
  	TO	MERGER/TAKEOVER	Vår Energi AS	50.000000
  26.05.2016	FROM	MERGER/TAKEOVER	Core Energy AS	50.000000
  	TO	MERGER/TAKEOVER	Point Resources AS	50.000000

• Status reports

  Status reports

  Document name	Document format	Document size [MB]