Both fields already have licences; the decision is production consent.
Market resolves to YES if the UK government (or the North Sea Transition Authority acting with government consent) grants production consent or equivalent development approval in 2026 for either the Rosebank oil field or the Jackdaw gas field. Approval of a different field only, or a licence that is not production consent for Rosebank or Jackdaw, resolves NO. Source: gov.uk / NSTA / DESNZ official notices.
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