StatoilHydro is the operator with 40.95% and Eni Norge AS (19.6%), Petoro AS (14.95%), ExxonMobil Exploration & Production Norway AS (14.7%) and Total E&P Norge AS (9.8%) are the partners.

Well 6506/12-12 S is located about three kilometers north of Asgard. The PL consists of part of block 6506/12. PL 94 was awarded in the 8th licensing round in 1984.

Wildcat well 6506/12-12 S is the 12th well in PL 94.