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Track Drilling (Rigs by operator) | Completions (Frac Spreads)

One-Page Deal Sheet

Total and Exxonmobil Make Exchange in Norway

Total SA ExxonMobil
AnnouncedOct 9, 2012
TypeProperty
LocationNorth Sea
Announced Date
October 09,2012
Close Date
October 09,2012
Transaction Type
Property




Snapshot
Asset/Basin:
{"North Sea"}
Location
Region
North Sea

Country
United Kingdom

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Total has announced an exchange of interests with ExxonMobil in a range of producing and undeveloped North Sea assets on the Norwegian Continental Shelf.

In exchange for its interests in the PL089 license (5.6 per cent) and the Sygna (2.52 per cent), Statfjord Øst (2.8 per cent) and Snorre (6.18 per cent) fields, Total will receive from ExxonMobil its 4.7 per cent interest in the Oseberg field and its 4.33 per cent interest in the Oseberg transportation system, together with its entire interests in the PL029c license and 30 per cent of the PL029b license, which contain part of the Dagny field.



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