Wednesday, May 18, 2011
Norwegian Petroleum Directorate
The Norwegian Petroleum Directorate (NDP) has granted Lundin Norway AS a drilling permit for well 7120/2-3 S, cf. Section 8 of the Resource Management Regulations.
Well 7120/2-3 S will be drilled from the Transocean Leader drilling facility at position 71 47' 20.97" N and 20 21' 44.23" E.
The drilling program for well 7120/2-3 S relates to the drilling of a wildcat well in production license 438. Lundin Norway AS is the operator with an ownership interest of 25 percent. The other licensees are Petoro AS with 20 percent, RWE Dea Norge AS with 20 percent, Talisman Energy Norge AS with 17.5 percent and Marathon Petroleum Norge AS with 17.5 percent.
Well 7120/2-3 S is located approximately 30 kilometers northwest of the Snøhvit field. The production license consists of parts of blocks 7120/1, 7120/2, 7120/3, 7120/4, 7120/5 and 7120/6. The production license was awarded in APA 2006.
Wildcat well 7120/2-3 S is the first exploration well in production license 438.
The permit is contingent upon the operator having secured all other permits and consents required by other authorities before the drilling activity starts.
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