Statoil is advancing the appraisal work on the Bay du Nord oil discovery, offshore Newfoundland and Labrador, with plans for further drilling in 2016.
The Norwegian oil and gas company Statoil is the operator of Mizzen, Harpoon and Bay du Nord discoveries, in the Flemish Pass Basin, with 65% interest while Husky holds 35% interest.
Appraisal activities are progressing as expected and will continue into early 2016, Husky said on Monday.
According to Husky, since late 2014, the West Hercules drilling rig has undertaken an appraisal program related to the Bay du Nord discovery in the Flemish Pass Basin.
“The Bay du Nord appraisal program has been progressing well and further drilling is planned for 2016,” said CEO Asim Ghosh .
“We expect the results of this appraisal to further increase our understanding of the scope of this significant opportunity.”
White Rose stable
In the Jeanne d’Arc Basin, the company says it continues to maintain stable, high-netback production and extend the life of the main White Rose field through a series of staged satellite extensions and development wells.
A two-year contract has been signed with the drilling contractor Transocean to secure the harsh-environment Henry Goodrich rig , starting from the mid-2016 timeframe. Husky says that the rig will be used for ongoing development drilling at the South White Rose Extension and North Amethyst field, and near-field exploration.
Husky is the operator of the White Rose field and satellite extensions, holding a 72.5 percent working interest in the main field and a 68.875 percent interest in the satellite fields, which include North Amethyst, South White Rose and West White Rose.