Talisman Gets Permission to Drill a Well in Norwegian North Sea

The Norwegian Petroleum Directorate has granted Talisman Energy Norge AS a drilling permit for well 16/10-5, cf. Section 8 of the Resource Management Regulations.

Well 16/10-5 will be drilled from the drilling facility Mærsk Giant at position 58°00’1.37’’ north 02°07’59.99’’ east for Talisman Energy Norge AS in production licence 568.

The drilling program for well 16/10-5 concerns the drilling of a wildcat well in production licence 568. Talisman is the operator with an ownership interest of 40 per cent. The other licensees are Petoro AS (20 per cent), Det norske oljeselskap ASA (20 per cent), Edison International Norway Branch (10 per cent) and Skagen44 AS (10 per cent).

The area in this licence consists of parts of blocks 7/1, 7/2 and 16/10. The well will be drilled about ten kilometres southeast of discovery 15/12-12 Rev 5 in the central part of the North Sea.

Production licence 568 was awarded on 4 February 2011 (APA 2010). This is the first well to be drilled in the licence.

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

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Press Release, September 13, 2012