Eni spuds Barents Sea exploration well
Italian oil company Eni has started drilling the Boné exploration well in the Barents Sea offshore Norway.
According to Faroe Petroleum, a partner in the project the primary targets for the well are the Jurassic Stø- and Nordmela sandstones with a secondary target within the Triassic Fruholmen and Snadd sandstone formations.
The well, formally named 7318/12-1 is located in the licence PL716, in the western part of the Norwegian Barents Sea in a similar structural setting to the Johan Castberg discovery.
Licence PL716 was awarded to Faroe in June 2013 in the Norwegian 22nd Licensing Round together with co-venturers Eni Norge AS (30% and operator), Bayerngas Norge AS (20%), Petoro AS (20%) and Point Resources AS (10%). The Boné well is being drilled using the Scarabeo 8 drilling rig and the results will be announced when drilling operations are complete, Faroe said.
Graham Stewart, Chief Executive of Faroe Petroleum said: “We are very pleased to announce the spudding of Boné, our first exploration well in 2017, located 90 kilometeres to the northwest of the Johan Castberg discovery. This high impact well will test a large horst structure with very significant volume potential.”