CSEM Led Exploration in the Barents Sea

The systematic approach that was followed over a time span of more than 4 years on the NCS and in the Barents Sea in particular, allowed to carry out a detailed prospect analysis in a portfolio setting. The award of highly competitive exploration licenses in the NCS in 2008 proved that the incorporation of the CSEM technology in the pre-application exploration strategy was very successful. Over the second and third quarters of 2011, two exploration wells will be drilled in the PL535 and PL530 licenses in the Barents Sea.