Developments in petroleum exploration offshore West Greenland

Abstract

The West Greenland shelf south of 72°N has been the subject of petroleum exploration since 1970. A preliminary prospecting phase from 1970 to 1973 led to the granting of 13 exclusive concessions in April 1975. In 1975, 1976 and 1977 the exploration activity on the shelf was intensified and five exploratory wells were drilled. These five wells all proved to be dry and therefore the preliminary evaluation of the area was negative. As aresult of this all concessions were relinquished by 31st December 1978.