The Oil and Gas Authority (OGA) has launched the 30th Offshore Licensing Round with 813 blocks or part blocks on offer in mature areas of the UK Continental Shelf (UKCS) totalling an area of 114,426 km2 (28,275,280 acres).
Blocks are on offer in the Southern, Central and Northern North Sea, the West of Shetland and East Irish Sea, featuring a large inventory of prospects and undeveloped discoveries. The round will make use of the new Innovate Licence, developed by the OGA in collaboration with industry to create flexible, variable licences.
To support companies in their technical assessments, the OGA recently released around 140 datapacks on undeveloped discoveries which are included in the latest round offering. Of these, around 60 contain ‘technical montages’ which provide the discovery’s history, static and dynamic information and digital subsurface data.
