NPD Gives Nod for Statoil’s New North Sea Well

NPD Gives Nod for Statoil's New North Sea Well

The Norwegian Petroleum Directorate (NPD) has granted Statoil Petroleum AS a drilling permit for well 25/11-27, in the Norwegian part of the North Sea.

Well 25/11-27 will be drilled from the Songa Trym drilling facility at position 58°14’15.78” north and 2°32’51.25” east after completing the drilling of wildcat well 16/8-3 S for Statoil in production licence 360.

The drilling programme for well 25/11-27 relates to drilling of a wildcat well in production licence 169 B2. Statoil Petroleum AS is the operator with an ownership interest of 47.5 per cent. The other licensees are Petoro AS with 30 per cent, ConocoPhillips Skandinavia AS with 12.5 per cent and ExxonMobil E&P Norway AS with 10 per cent.

The area in this licence consists of part of block 25/11. The well will be drilled about 4 kilometres southwest of well 25/8-4 in the central part of the North Sea.

Production licence 169 B2 was awarded on 1 March 2000 (supplement to the 13th round). This is the first well to be drilled within the area of the licence.

The permit is contingent upon the operator securing all other permits and consents required by other authorities before commencing drilling activities.

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Press Release, April 22, 2013