Responsible oil and gas exploration and development for the energy transition.
Wellesley is an oil and gas exploration and development company, based in Norway. Wellesley is backed by Blue Water Energy LLP, a leading private equity investor in the energy transition.
The energy transition needs gas to displace coal and balance renewable generation, as well as the lowest CO2 oil. By exploring for these resources in Norway, Wellesley will help supply clean and secure hydrocarbons to Europe.
Since 2016, Wellesley has been one of the most active and successful explorers in Norway, which has led to the rapid growth of our development portfolio.
From the everyday actions of our employees through to the wider impact of our work, Wellesley is prepared to stand by our commitment and responsibility to inspire positive change.
Part of taking ownership is remaining accountable for your actions. Wellesley measures and reports on goals to ensure we continually make progress and create real change.
Since our inception, Wellesley has been characterised by an ability to move quickly. We plan and deliver wells faster than others. We implement new technologies in our drilling operations to increase efficiency and minimise environmental impact. Our robust and efficient well designs have been adopted as industry standards.
Wellesley is committed to finding the cleanest hydrocarbons while minimising the environmental impact of our work.
Our ESG goals are critical to achieving this, guiding our daily working life through to the management of our wider operations.
Modern infrastructure enables Norway to produce some of the lowest CO2 oil and gas in the world.
Abundant clean gas resources and political stability make Norway one of Europe’s most important energy suppliers.
Wellesley’s board and executive management team brings industry experience and local expertise to define and deliver the company strategy.
Complete sale of Ørn to PGNiG
APA21 award – 3 licences (1 op)
Equinor takes over Grosbeak operatorship
Røver Nord discovery
APA20 award – 2 licences (1 op)
APA19 award – 7 licences (3 op)
Duva sold to PGNiG
Duva PDO submitted
APA18 award – 6 licences
Successful Grosbeak appraisal
APA17 award – 7 licences (2 op)
First operated well - Goanna dry hole
APA16 award – 9 licences (3 op)
Pre-qualified as operator
Drill first well – Fosen dry hole
APA15 award: 1 licence
Pre-qualified as licensee
First licence – PL636 farm-in
Company start-up with 4-man team and $252mm investment
Wellesley’s exploration success has built one of Norway’s most attractive portfolios of development projects.
By planning and drillling wells faster than others, alongside a strong commitment to our ESG goals, Wellesley has established a portfolio of clean, commercially attractive development projects.