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NPD grants Statoil permit to drill 7324/9-1 well in PL 614

STAVANGER, Norway -- The Norwegian Petroleum Directorate has granted Statoil Petroleum AS a drilling permit for wellbore 7324/9-1, cf. Section 8 of the Resource Management Regulations.

Wellbore 7324/9-1 will be drilled from the Transocean Spitsbergen drilling facility at position 73° 19' 29.28' ' north and 24° 50' 24.24' ' east.

The drilling programme for wellbore 7324/9-1 relates to drilling of a wildcat well in production licence 614. Statoil Petroleum AS is the operator with an ownership interest of 60%. The other licensee is Idemitsu Petroleum Norge AS (40%). The area in this licence consists of blocks 7324/9 and 7325/7. The well will be drilled about 20 kms southeast of the 7324/8-1 oil discovery and about 300 kms north of Hammerfest.

Production licence 614 was awarded on 13 May 2011 (21st licensing round on the Norwegian shelf). This is the first well to be drilled in the licence.

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

07/31/2014

 

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