Shell has opened up bidding for companies to farm-in on an exploratory drilling operation in licenses 9/06 (Gita) and 9/95 (Maja), according to IndigoPool. Currently, Shell holds 36.8% equity in the two licenses, with Maersk working as operator at 31.2% and Chevron at 12% equity. Other partners are DONG which holds 20% in license 9/95 and the Danish Offshore Fund with 20% in license 9/06.
The Gita prospect is located offshore Denmark in an extension of the Central North Sea Graben, a highly productive HPHT region. Estimated holding potential is as high as 2.5 trillion cubic feet of gas. Shell has already acquired a rig to test the prospect, with spudding expected to occur mid-2008.
Shell is accepting bids directly with an April 28, 2008 deadline.
We want to hear from you. Questions, opinions and suggestions are all welcomed by the Rigzone Staff. Write us at firstname.lastname@example.org .
Most Popular Articles