Non-operated, 10% interest

The Iris Hades gas/condensate discoveries are located on Haltenbanken in the Norwegian Sea. The discoveries are close to the Morvin field and other Equinor operated infrastructure such as the Åsgard and Kristin fields.

The first exploration well was drilled in 2018 and proved gas and condensate, and appraisal wells were drilled in 2019 and 2020. The selected development concept is a subsea tie-back to Åsgard B, utilising existing facilities and infrastructure. The plan for development and operation (PDO) is expected to be submitted in the second half of 2022.