The West Barents Sea Basin is situated in Norway's Barents Sea at latitudes greater than 69° north. Despite the significant volumes discovered, exploration in the past 10 years has failed to generate value due to the difficulties in commercialising discoveries and significant cost overruns early in the decade. Returns improved in the second half of the decade when large liquid volumes were discovered. This is a trend which should continue into our outlook period as the oil play is further proved up, and infrastructure begins to build up in the basin. Most exploration to date has focused on the Paleozoic-Mesozoic plays on the shelf area of the basin. Acreage in the Southeast Barents was awarded in 2016 as part of the 23rd Licensing round. We have modelled a new Southeast Barents pure gas play, which will provide significant volumes, but with only marginal value creation.