Wednesday, 18 May 2016

Drilling permit for well 16/5-6 – Production licence 776 - 18/05/2016

Drilling permit for well 16/5-6 – Production licence 776

The Norwegian Petroleum Directorate has granted Tullow Oil Norge AS a drilling permit for wellbore 16/5-6.

Wellbore 16/5-6 will be drilled from the Borgland Dolphin drilling facility at position 58°32’40.45’’ N and 02°31’45.5” E.

The drilling programme for wellbore 16/5-6 relates to the drilling of a wildcat well in production licence 776. Tullow Oil Norge AS is the operator with an ownership interest of 40 per cent. The licensees are Concedo ASA with 20%, Wintershall Norge AS with 20% and Petoro AS with a 20% ownership interest. Production licence 776 was awarded in 2015 (APA 2014).

The area in this production licence is located in the central part of the North Sea, and consists of parts of blocks 16/5, 6, 8 and 9. The well will be drilled about 30 km south of the Johan Sverdrup field. This is the first well to be drilled within the production licence area.

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

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