In Norway, DEA is building a balanced portfolio by:
Exploring for large new fields that can be developed over the next decades
Securing a mix of prospects in different areas and geological plays.
- Planning near field exploration to maximize value of fields we are already partners in.
Operating in all areas of the NCS
|North Sea||Norwegian Sea||Barents Sea|
|Have prospects that can be developed more quickly as tie-backs to existing infrastructure.||Holds significant upside potential in new geological play models that are yet to be fully understood.||More than half of the undiscovered resources on the NCS lie in the Barents Sea.|
|DEA has participated in 128 exploration wells and 29 discoveries in the North Sea.||DEA has participated in 41 exploration wells and 24 discoveries in the Norwegian Sea||DEA has participated in 28 exploration wells and 10 discoveries in the Barents Sea|
The DEA approach
- Operate in a safe and environmentally sensitive way: taking learnings from our long history of operations in Norway and elsewhere in the world into account when planning our exploration activities
- Investing in new data and technology: to improve the way work on a day to day basis, as well as delivering improved exploration success rates in a more cost effective manner
- Explore in a cost efficient manner: utilizing our large data and knowledge bases built up over more than 45 years of exploring on the NCS, and by partnering with other successful explorer