Thursday, 16 October 2014

Drilling permit for well 7227/10-1 in production licence 230 - 16/10/2014

Drilling permit for well 7227/10-1 in production licence 230

The Norwegian Petroleum Directorate has granted Statoil Petroleum AS a drilling permit for well 7227/10-1, cf. Section 8 of the Resource Management Regulations.
Well 7227/10-1 will be drilled from the Transocean Spitsbergen drilling facility at position 72°09’ 48.72" north and 70° 14´ 18.14" east.
The drilling programme for well 7227/10-1 relates to the drilling of a wildcat well in production licence 230. Statoil Petroleum AS is the operator with a 35 per cent ownership interest and the licensees are Spike Exploration Holding AS with 30 per cent, Explora Petroleum AS with 20 per cent and GDF SUEZ E&P Norge AS with 15 per cent. 
The production licence consists of parts of blocks 7227/8, 7227/9 and 7227/10. The licence was awarded in the Barents Sea project in 1997.
Wildcat well 7227/10-1 will be the first exploration well in production licence 230.
The permit is contingent upon the operator securing all other permits and consents required by other authorities prior to commencing the drilling activity. 

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