f The Nordkapp basin, Barents Sea - Basin development and halokinesis

The Nordkapp Basin is a northeast-southwest trending structure in the Barents Sea 100 km north of the Norwegian coastline. Exploration activity with acquisition of seismic data started in the area in 1974 and especially the southwestern subbasin has a good data coverage. The first, production licences were awarded in the 11th concession round on the Norwegian shelf in 1987 and the first exploration well was drilled the same year. So far four production licences have been awarded along the margins of the basin. Five Wells have been drilled and four hydrocarbon accumulations discovered. However, none of these are commercial at present. For the 14th concession round blocks have been announced in the central part of this basin with exploration concepts related to salt diapirs.