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A list of search results
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Norwegian Energy Company (Noreco) has agreed to transfer its 30 per cent ownership in PL484 in the Norwegian Sea to North Energy ASA (North). According to North Energy, PL 484 in the Norwegian Sea contains several promising prospects and the licence group is now evaluating potential for further exploration drilling. The agreement is subject to regulatory approvals and the […]
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Business & Finance, Project & Tenders
North Energy ASA and Noreco Norway AS have entered into an agreement on swapping interests in production licences. These transactions mean that North Energy acquires 15 per cent of PL 484 in the Norwegian Sea and transfers a 10 per cent holding in PL 616 in the North Sea to Noreco. PL 484 contains several prospects, with one […]
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Business & Finance, Operations & Maintenance
Noreco is in the process of completing drilling of the Verdande well 6608/10-16 (PL484). Although hydrocarbon shows were found in two sections, the well will now be plugged and abandoned without further testing. The main target of the well was in the Middle Jurassic. Sandstones with hydrocarbon saturation were found, but the reservoir quality was generally poor and it was […]
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Business & Finance, Project & Tenders
Noreco is in the process of completing drilling of the Verdande well 6608/10-16 (PL484) in the Norwegian Sea. Although hydrocarbon shows were found in two sections, the well will now be plugged and abandoned without further testing. The main target of the well was in the Middle Jurassic. Sandstones with hydrocarbon saturation were found, but the reservoir quality was generally […]
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Business & Finance, Operations & Maintenance, Research & Development
Norwegian Energy Company ASA (Noreco) has started the drilling of exploration well 6608/10-16 on the Verdande prospect in license PL484 in the Norwegian Sea. The main objective is to find hydrocarbons in sandstones of Jurassic age. The well is being drilled with the drilling rig Bredford Dolphin and is likely to take 68 – 81 days. Noreco Norway AS has […]
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Business & Finance, Project & Tenders
Norwegian Energy Company ASA has announced that the drilling of exploration well 6608/10-16 on the Verdande prospect in license PL484 in the Norwegian Sea has started.
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Noreco has been awarded five new licences in the 2013 Awards in Predefined Areas (APA) in Norway. In two of these, Noreco has been offered operatorship. “We are satisfied with this result and see this as recognition of our efforts to develop applications of high quality. We are also pleased that the Government has demonstrated […]
