Statoil to Drill Exploration Well in PL 104 (Norway)

The Norwegian Petroleum Directorate has granted Statoil ASA a drilling permit for wellbore 30/9-25, cf. Section 8 of the Resource Management Regulations.

Wellbore 30/9-25 will be drilled from the Ocean Vanguard drilling rig at position 60°20’06.20’’N and 02°47’47.5’’E following completion of the drilling of wildcat well 16/2-18 S for Statoil ASA in production licence 265.

The drilling programme for wellbore 30/9-25 concerns the drilling of a wildcat well in production licence 104. Statoil ASA is the operator with an ownership interest of 49.3 per cent. The other licensees are Petoro AS (33.6 per cent), Total E&P Norge AS (14.7 per cent) and ConocoPhillips Skandinavia AS (2.4 per cent). The acreage in this permit consists of the blocks 30/9.

Production licence 104 was awarded on 1 March 1985 (the ninth licensing round on the Norwegian shelf).

The permit is contingent upon the operator having secured all other permits and consents required by other authorities before the drilling starts.