Norway
Nesbruveien 75
1394 Nesbru
Norway

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Tel: +47 66 77 96 30
Fax: +47 66 77 96 39
Email: bridge@bridge-energy.com
UK
3 Queens Gardens
Aberdeen, AB15 4YD
Scotland, UK

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Tel: + 44 (0)1224 659120
Fax: + 44 (0)1224 659130
Email: ukinfo@bridge-energy.com

Our Assets

our assets

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Bridge Energy has established a high grade portfolio of production, development exploration licenses in both the Norwegian and UK sectors of the North Sea.

Our experienced team of geologists, geophysicists and engineers continue to screen opportunities and the company will be an active player in the upcoming licensing rounds in both Norway and the UK and also in the farm-in market.


Farm-in Opportunities

pdfCrazy Horse Block 14/13

UK - Northern North Sea

Bridge Energy currently has 7 Licences in this area, 4 operated and 3 non-operated. 5 of these are traditional licences and 2 are promote..

P201

211/22a (North West) "Kerloch" (Non-Operated)

211/22a (North West) "Kerloch" (Non-Operated)

4th Round Traditional licence operated by Dana Petroleum

Bridge Energy 10%
Dana Petroleum 50%
First Oil 19%
Antrim Resources 21%

No planned activity

P1683

2/20 & 3/16 (Operated)

2/20 & 3/16 (Operated)

25th Round Promote licence

Bridge Energy 50%
Cirrus Energy 50%

P1557

9/7a & 12b "Tulip/Lily" (Operated)

9/7a & 12b "Tulip/Lily" (Operated)

25th Round Traditional licence

Bridge Energy 50%
Cirrus Energy 50%

P979

9/11c "Mermaid" (Non-Operated)

9/11c "Mermaid" (Non-Operated)

18th Round Traditional licence operated by Nautical Petroleum

Bridge Energy 20%
Nautical Petroleum 80%

P1207

9/17a "Madison" (Operated)

9/17a "Madison" (Operated)

22nd Round Traditional licence

Bridge Energy 50%
Cirrus Energy 50%
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The Madison Prospect is located adjacent to the west edge of the South Viking Graben. It is a stratigraphic development of Maureen sands at the base of the Tertiary with four way dip closure.

Block 9/17a
Acquired from 22nd UK Licensing Round
Award date 01.12.2004
Expiry date 31.11.12 (2nd Phase)
Operator Bridge Energy 50%
Partners Cirrus Energy Corp 50%
Main prospect Madison
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P1686

8/30b (Operated)

8/30b (Operated)

25th Round Promote licence

Bridge Energy 50%
Cirrus Energy 50%

P1647

9/21b, 26, 27b (Non-Operated)

9/21b, 26, 27b (Non-Operated)

25th Round Traditional licence operated by Valiant Petroleum

Bridge Energy 25%
Valiant Petroleum 50%
Bridge Resources 25%

UK - Southern North Sea

Bridge Energy currently has 11 Licences in this area (including 1 onshore), 8 operated and 3 non-operated. 9 of these are traditional licences and 2 are promote. This area includes the producing Victoria gas field and future developments in Vulcan east, Vulcan NW and Victoria Phase 2.

PEDL071

Burton Agnes (Non-Operated)

Burton Agnes (Non-Operated)

9th Landward Round Licence operated by Egdon Resources

Bridge Energy 10%
Egdon Resources 25%
Sterling Resources 20%
Gas Plus E&P 17.5%
Gas Plus O&G 17.5%
Montrose Industries 10%

P1674

48/1d "Python" (Non-Operated)

48/1d "Python" (Non-Operated)

25th Round Traditional licence operated by Encore Oil

Bridge Energy 25%
Encore Oil plc 
25%
Bharat Oil & Gas Corporation
25%
Tata Petrodyne Ltd 
25%
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The Python Prospect is located in the northwest quarter of the prolific Rotliegendes gas basin. It is a simple structural closure near to the undeveloped Cobra discovery.

Blocks 48/1c
Acquired from 25th UK Licensing Round
Award date 12.02.2009
Expiry date 11.02.2011
Operator Ecore Oil plc 25%
Partners Bridge Energy 25%
Bharat Oil & Gas
Corporation 25%
Tata Petrodyne Limited 25%
Main Prospect Python
Expected drilling 2013
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P1243

48/1b & 2c "Cobra" Development (Non-Operated)

48/1b & 2c "Cobra" Development (Non-Operated)

22nd Round Traditional licence operated by Encore Oil

Bridge Energy 25%
Encore Oil plc 
25%
Tata Petrodyne Ltd 
25%
Bharat Oil & Gas Corporation
25%
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48/1b & 2c "Cobra" Development (Non-Operated)
UKCS Block 48/b & 48/2c
License P1243 (22nd Round)
Operator Encore 25%
Partners Bridge Energy 25%
Tata Petrodyne 25%
Bherat Petroleum 25%
Expected drilling Q2-3 2014
First Production Q4 2014

Cobra is located in the northwest of the Rotliegende gas province. Closure is provided by dip against a fault. Reservoir permeability and connectivity are the main issues and the development will require multifracced horizontal well.

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P1738

49/13 "Arizona" (Operated)

49/13 "Arizona" (Operated)

25th Round Promote licence

Bridge Energy 100%

Work commitment:
obtaining 300 sq km of 3D seismic data
reprocessing 100 sq km of 3D

P033

49/17a - Victoria (Operated)

49/17a - Victoria (Operated)

1st Round Traditional licence

Bridge Energy 75%
ConocoPhillips
25%
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49/17a - Victoria (Operated)
UKCS Block 49/17
Operator Bridge Energy 75%
Partners ConocoPhillips 25%
Installation Acergy Falcon & Osprey
Drilling Ensco 100
First Production October 2008

The Victoria Gas Field is located in the centre of the Rotliegende gas province. Closure is provided by dip against a major wrench fault. Reservoir permeability and connectivity are the main issues. Victoria is developed with one fracced vertical well. A subsea 3.5 km tieback located in 49/17 to the ConocoPhillips operated Viking BD platform. Production commenced in October 2008.

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P007

48/25c "Vulcan NW" (Operated)

48/25c "Vulcan NW" (Operated)

1st Round Traditional licence

Bridge Energy 28.57%
Vaalco Energy 71.43%
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48/25c "Vulcan NW" (Operated)

Vulcan Northwest is located in the Rotliegende gas province. Closure is provided by dip against a fault. Reservoir permeability and connectivity are the main issues and the development will require multi-fracced horizontal technology

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P130

48/25b "Vulcan NW" Development (Operated)

48/25b "Vulcan NW" Development (Operated)

4th Round Traditional licence

Bridge Energy 100%

Vulcan Northwest is located in the Rotliegende gas province. Closure is provided by dip against a fault. Reservoir permeability and connectivity are the main issues and the development will require multi-fracced horizontal technology.

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48/25b "Vulcan NW" Development (Operated)
UKCS Block 48/25B
Operator Bridge Energy 100%
Expected drilling Q1 2012 (2), 2015, 2016
First Production Q4 2013
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P039

49/21a "Vulcan East" Development (Operated)

49/21a "Vulcan East" Development (Operated)

1st Round Traditional licence

Bridge Energy 100%

The Vulcan East gas field is located towards the south of the Rotliegende gas province. Closure is provided by dip against a downthrown fault boundary. Reservoir permeability and connectivity are the main issues and the development will require multifracced horizontal well.

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49/21a "Vulcan East" Development (Operated)
UKCS Block (license) 49/21 (P039)
Operator Silverstone 100%
Expected drilling 2011
First Production 2011
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P105

49/29b "Tristan NW" Development (Operated)

49/29b "Tristan NW" Development (Operated)

3rd Round Traditional licence

Bridge Energy 54%
MCX Exploration 30%
Mosaic 16%

P1714

49/29c "Electra" (Operated)

49/29c "Electra" (Operated)

25th Round Promote licence

Bridge Energy 100%

P1592

42/29c, 30c & 47/5e - Exploration "Triton" (Operated)

42/29c, 30c & 47/5e - Exploration "Triton" (Operated)

25th Round Traditional licence

Bridge Energy 75%
Cirrus Energy 25%

The Triton Prospect is located in the northwest quarter of the prolific Rotliegendes gas basin. It is a simple fault closure near to the developed Neptune Gas Field. The main uncertainty is mapping the trap.

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Block(s) 42/29c, 30c & 47/5e
Acquired from 25th UK Licensing Round
Award date 12.02.2009
Expiry date 11.02.2013
Operator Bridge Energy 75%
Partners Cirrus Energy Corp 25%
Main prospect Triton
First Production 2011

The prospect is 1.5km from the nearby Neptune platform and the potential exists to drill the well directly from the facilities. This would deliver rapid production in the event of a discovery.

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Norwegian North Sea

Bridge Energy currently has 11 licences in this area, one of which is operated.

PL027 D

25/8 "Jetta" & "Eitri" Discoveries (Non-Operated)

25/8 "Jetta" & "Eitri" Discoveries (Non-Operated)

Operated by Det norske oljeselskap ASA

Bridge Energy 10%
Det norske oljeselskap ASA 60%
Dana Petroleum Norway AS 30%

PL504 & PL504 BS

25/7 "Brandhaug" (Non-Operated)

25/7 "Brandhaug" (Non-Operated)

Operated by Det norske oljeselskap ASA.

Bridge Energy 8.5%
Det norske oljeselskap 58.5%
Dana Petroleum Norway 30%
Petoro AS 3%

Work commitment:
Drill 2 (-1) firm wells within 3 years. The well(s) may be drilled within PL027 D or PL504. Decide on continuation or relinquishment within 3 years. Hand in PDO or relinquish within 5 years.

PL548 S

24/9, 25/7 "Høvringen" (Non-Operated)

24/9, 25/7 "Høvringen" (Non-Operated)

APA2009 Round licence operated by Det norske oljeselskap ASA

Bridge Energy 30%
Det norske oljeselskap ASA 40%
Dana Petroleum Norway 30%

Work commitment:
Reprocess 3D-seismic. Within 2 years from award, decide to drill one exploration well or drop. Within 4 years from award, drill exploration well and decide on Continuation, or drop. Within 6 years from award, submit PDO.

        

PL337

15/11, 12 & 16/10 "Storskrymten" Discovery & "Storkollen" Prospect (Non-Operated)

15/11, 12 & 16/10 "Storskrymten" Discovery & "Storkollen" Prospect (Non-Operated)

Operated by Det norske oljeselskap ASA

Bridge Energy 10%
Det norske oljeselskap ASA 45%
Dana Petroleum Norway 25%
Wintershall Norge AS
20%

Work commitment:
G&G work. Drill or drop decision within 2 years. Decide on continuation or relinquishment within 4 years. Submit PDO or relinquish within 5 years.

Work commitment has been completed.

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NCS block(s) 15/11, 15/12, 16/10
Acquired from Talisman Energy Norge AS
Award date 17.12.2004
Expiry date 17.12.2011
Operator Det norske oljeselskap ASA 45%
Partners Dana Petroleum Norway AS 25%
Bridge Energy AS 10%
Wintershall Norge AS 20%
Main prospect Storkollen
Expected drilling March 2010

The Storkollen prospect is a structural trap in the Varg reservoir situated 5 km east of the recent Grevling discovery and 15 km north of the Varg field.

Key uncertainty is source/migration.

Development scenarios for a potential Storkollen are FPSO with sub-sea wells or tie-in to infrastructure.

Significant potential in the license.

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PL413

25/1, 2 & 4 "4-corners" (Non-Operated)

25/1, 2 & 4 "4-corners" (Non-Operated)

APA2006 Round licence operated by Lundin Norway AS

Bridge Energy 25%
Lundin Norway AS
45%
VNG Norge AS
30%

Work commitment:
Obtain and reprocess 3D seismic within the awarded acreage. Drill or drop decision within 2 years. DoC or relinquishment within 4 years. Submit PDO or relinquish within 5 years.

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NCS block(s) 25/1, 25/2, 25/4
License round APA2006
Award date 16.02.2007
Expiry date 16.02.2013
Operator Lundin Norway AS 45%
Partners VNG Norge AS 30%
Bridge Energy AS 25%
Main prospect 4-corners
Expected drilling 2012 (DoD Q3, 2010)

Combined structural/strtigraphical trap at Frigg/Odin level
Key uncertainties are hydrocarbon migration
Located 30 km northeast of Alvheim
May be developed by a well head platform or as a sub-sea development

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PL457

16/1 "Aglaja" (Non-Operated)

16/1 "Aglaja" (Non-Operated)

APA2007 Round licence operated by Wintershall Norge AS

Bridge Energy 20%
Wintershall Norge
40%
VNG Norge AS
20%
E.ON Ruhrgas Norge
20%
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NCS block(s) 16/1
License round APA2007
Award date 01.03.2008
Expiry date 01.03.2015
Operator Wintershall Norge AS 40%
Partners VNG Norge AS 20%
Bridge Energy AS 20%
E.ON Ruhrgas Norge AS 20%
Main prospect Aglaja
Expected drilling 2012 (DoD in 2012)

Work commitment:
Reprocess 3D seismic over awarded acrage. G&G studies. Decide on acquisition of high resolution 3D seismic over awarded acreage or relinquishment within 2 years. Drill or drop decision within 4 years. Decide on continuation or relinquishment within 6 years. Hand in PDO or relinquish within 7 years.

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The Tertiary Aglaja Prospect is assumed to be a sand injectite.

Similar hydrocarbon filled reservoirs are found in Volund and in several of the Tertiary fields and discoveries in the South Viking Graben

The Noor prospect is assumed to consist of Upper Jurassic sandstones

The Aglaja and Noor Prospects are located about 28 km from the Grane Field in a water depth of 110 m, and can be developed with a low-cost wellhead platform and multi-phase flow-lines to the Grane Field processing facilities

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PL494

2/9 "Gemini" (Non-Operated)

2/9 "Gemini" (Non-Operated)

APA2008 Round licence operated by Dana Petroleum Norway AS

Bridge Energy 30%
Dana Petroleum Norway 40%
Det norske oljeselskap ASA 30%

Work commitment:
Acquire 200 km2 3D seismic data. Drill or drop decision within 3 years. Decide on continuation or relinquishment within 5 years. Hand in PDO or relinquish within 7 years.

PL497 & PL497 B

7/7, 8 & 11 "Geite" (Non-Operated)

7/7, 8 & 11 "Geite" (Non-Operated)

APA2008 Round licence operated by Det norske oljeselskap ASA

Bridge Energy 30%
Det norske oljeselskap
35%
Dana Petroleum Norway 25%
Lotos E&P Norge
10%

Work commitment:
Reprocess 3D seismic data over the awarded area and drill a firm well to test Jurassic or Triassic strata within 4 years. Decide on continuation or relinquishment within 4 years. Hand in PDO or relinquish within 6 years.

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NCS block(s) 7/7, 7/8, 7/11
License round APA2008
Award date 23.01.2009
Expiry date 23.01.2015
Operator Det norske oljeselskap ASA 35%
Partners Dana Petroleum Norway AS 25%
Bridge Energy AS 30%
Lotos E&P Norge AS 10%
Main prospect Geite
Expected drilling 2011 (firm well)

The Triassic Geite Prospect is a large 4-way-dip closure

Key uncertainty is trap definition

The Geite Prospect is located approx. 33 km west of the Ula Field

Adjacent Krabbe / Nemo discoveries are progressing towards field development plans

Water depth at approximately 80 m

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Mid Norway

Bridge Energy currently has 1 licence in this area which is non-operated.

PL511

6406/5, 6 & 9 "Mjøsa" (Non-Operated)

6406/5, 6 & 9 "Mjøsa" (Non-Operated)

APA2008 Round licence operated by Wintershall Norge AS

Bridge Energy 7.5%
Wintershall Norge AS 25%
Maersk Oil Norway AS 25%
Petoro AS 20%
VNG Norway AS 12.5%
Spring Energy Norway AS 10%

Work commitment:
Reprocess 3D seismic data over the awarded area and drill a firm well within 4 years. Decide on continuation or relinquishment within 4 years. Hand in PDO or relinquish within 6 years

PL554

34/6 "Garantiana" (Operated)

34/6 "Garantiana" (Operated)

APA2009 Round licence

Bridge Energy 60%
Det norske oljeselskap 40%

Work commitment:
Acquire 3D seismic, G&G studies. Within 1 year from award, decide to drill one exploration well or drop. Within 3 years from award, drill exploration well and decide on Continuation, or drop. Within 5 years from award, submit PDO.

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NCS block(s) 34/6
License round APA2009
Award date 19.02.2010
Expiry date 19.02.2015
Operator Bridge Energy AS 60%
Partners Det norske oljeselskap ASA 40%
Main prospect Garantiana
Expected drilling Q4 2011/Q1 2012 (DoD 2011)

The Garantiana prospect is located on trend with Visund in the North Sea Tampen area and consists of stacked reservoirs of Brent, Cook and Statfjord Formations

The prospect is partly dependant on sealing faults.

The Prospect is located about 28 km from the Visund A and Snorre B platforms. The water depth in the area is approximately 380 m

A sub-sea development with a 28 km tie-back to Visund or Snorre may be a possible solution.

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UK - Central North Sea

Bridge Energy currently has 5 Licences in this area, 4 operated and 1 non-operated. All 5 of these are traditional licences.

P1650
Crazy Horse (240610).pdf

14/13 "Crazy Horse" (Operated)

14/13 "Crazy Horse" (Operated)

25th Round Traditional licence

Bridge Energy 33%
Noreco Energy Company ASA 
45%
TRAP Oil Limited 
22%
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Block 14/13
Acquired from 25th UK Licensing Round
Award date 12.02.2009
Expiry date 12.02.2011 (end phase 1)
Operator Bridge Energy 33%
Partners Noreco Energy Company ASA 45%
TRAP Oil Limited 22%

The Crazy Horse Prospect is located in the northwestern part of the Witch Ground Graben. It is a stratigraphic pinchout of Lower Cretaceous Scapa and Captain sands at the edge of the basin.

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P1652

15/7 & 12a (Operated)

15/7 & 12a (Operated)

25th Round Traditional licence

Bridge Energy 34%
Cirrus Energy 33%
Nautical Petroleum 33%

P1653

15/8 "Pipefish" (Operated)

15/8 "Pipefish" (Operated)

25th Round Traditional licence

Bridge Energy 50%
Cirrus Energy 50%

P1654

15/18c "Daffodil" (Operated)

15/18c "Daffodil" (Operated)

25th Round Traditional licence

Bridge Energy 50%
Cirrus Energy 50%

P1651

14/25b & 15/21e "Finn" (Non-Operated)

14/25b & 15/21e "Finn" (Non-Operated)

25th Round Traditional licence operated by Suncor UK

Bridge Energy 40%
Suncor UK Ltd 37.5%
TRAP 7.5%
First Oil 15%