Transocean Arctic, 2007 file image by Marcus Roos
Transocean Arctic, a harsh environment semi-submersible on contract to VNG Norge AS via Rig Management Norway has discovered more oil while drilling on the Norwegian continental shelf about 33 kilometers south-west of the Njord field and its associated production facilities.
VNG Norge AS, operator of the PL 586 license, along with their partners Rocksource ASA, Spike Exploration and Faroe Petroleum note their discovery while drilling the Bue exploration well marks the third successful well following the Pil discovery and appraisal wells earlier this year.
Atle Sonesen, Managing Director in VNG Norge AS, commented on the successful drilling campaign so far noting:
“The appraisals have given us essential better understanding of the Pil-discovery and the good news about upside volumes in Bue. We strongly believe there is a further upside in the licence and have thus ensured the possibility of drilling additional two wells with the same rig in 2015.”
Pil and Bue have combined estimated reserves of 95-175 mmboe. Two additional wells are scheduled to be drilled in 2015, and the PL 586 partnership has now secured rig capacity for this purpose.
The wells 6406/12-3 B (Pil appraisal) and 6406/12-3 A (Bue) were drilled by the Transocean Arctic to a depth of 3,967m and 3,656m below sea level. Both wells were terminated in the Jurassic Melke Formation. The water depth is 324m and the wells will now be permanently plugged and abandoned as planned.
Join the gCaptain Club for curated content, insider opinions, and vibrant community discussions.
Join the 109,812 members that receive our newsletter.
Have a news tip? Let us know.
The Bureau of Ocean Energy Management (BOEM) has confirmed competitive interest in two offshore wind areas (WEAs) off the southeast Texas coast, following an unsolicited lease request from Hecate Energy...
W&T Offshore, an independent driller operating in the U.S. Gulf of Mexico, has asked a federal judge to block insurance companies' demands for $250 million in additional collateral for taking apart old oil infrastructure.
Europe is starting to find the limit of a decades-long boom in offshore wind. It can be seen most acutely in the places that have been quickest to build capacity. Countries like Denmark and Sweden are beginning to hit a wall as power prices and incentives drop too low to make building projects worth it. The latest example is a Danish government auction for offshore wind that failed to attract any bids.
Maritime and offshore news trusted by our 109,812 members delivered daily straight to your inbox.
Essential news coupled with the finest maritime content sourced from across the globe.
Sign Up
Join The Club
