Tuesday 11 September 2018

The Norwegian Petroleum Directorate (NPD) has granted Faroe Petroleum Norge AS a drilling permit for well 30/6-30, cf. Section 15 of the Resource Management Regulations.

Well 30/6-30 will be drilled from the Transocean Arctic drilling facility in position 60°43'6.71"N and 2°44'3.43"E after concluding the drilling of wildcat well 35/11-21 A for Wellesley Petroleum AS in production licence 248 I.

The drilling programme for well 30/6-30 relates to the drilling of a wildcat well in production licence 825. Faroe Petroleum Norge AS is the operator with an ownership interest of 40 per cent. The other licensees are Lundin Norway AS (30 per cent) and Spirit Energy Norge AS (30 per cent). The area in this licence consists of the northern part of block 30/6 and the southern part of block 30/3. The well will be drilled about 7 km north of the Oseberg field.

Production licence 825 was awarded on 15 February 2016 (APA 2015). This is the first well to be drilled in the licence.

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