Statoil has received consent to drill exploration well 25/8-18 S in production licence 169 in the North Sea.
The well is to be drilled by the Ocean Vanguard mobile drilling facility. Ocean Vanguard was built in 1982 and received Acknowledgement of Compliance (AoC) from the PSA in July 2004. The earliest start-up is April 2014 with a duration of approx. 40 days, depending on whether a discovery is made.
Water depth at the site is 129 metres.
The well is in the North Sea, 12 km north-east of the Grane field and about 164 km from the nearest land, which is Utsira.