Norway: Lundin Gets Green Light for Drilling of Exploration Well in Barents Sea

Lundin Norway AS has received consent to carry out exploration drilling of well 7120/2-3 in the Barents Sea with the Transocean Leader mobile facility.

The well will be drilled in production licence 438, approx. 172 kilometres northwest of Melkøya, and approx. 30 kilometres northwest of Snøhvit.

The well has the coordinates N 71° 47′ 20.97″; E 20° 21′ 44.23″. The water depth at the site is 312 metres. The shortest distance to the coast (Sørøya, Finnmark) is 138 kilometres.

The drilling will start in the middle of May, with a duration of 56 days (dry well) to 71 days (discovery).

Transocean Leader is an Aker H-4.2 semi-submersible drilling facility built in 1987 at Hyundai Heavy Industries in Korea. The facility is owned and operated by Transocean Offshore Ltd, with the Marshall Islands as the flag state and DNV as the classification society.

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Source:Ptil , May 10, 2011;