PGNiG Upstream Norway and its license partners have discovered a hydrocarbon reservoir in the PL939 license in the southern part of the Norwegian Sea. The collected samples indicate the presence of light crude oil, the recoverable resources of which - according to estimates published by the Norwegian Oil Administration - range from 19 to 63 million barrels.
PGNiG Upstream Norway owns 30 percent interest in the concession. Its operator is Equinor Energy (55% of shares). The remaining 15 percent shares are owned by Longboat Energy.