Faroe secures drillship for Norway well

Offshore staff

ABERDEEN, UK – Faroe Petroleum has contracted the drillship West Navigator to drill the Novus prospect in the Norwegian Sea in the second half of 2013.

The surrounding license is southwest of the Statoil-operated Heidrun field in the prolific Halten Terrace hydrocarbon province.

Main targets for the well are the Jurassic reservoirs of the Garn, Ile, and Tilje formations.

Faroe was awarded the Novus prospect under Norway’s APA 2011 licensing round. Its partners in the license are Centrica Resources (Norge) and Skagen 44.


Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now


Maximizing Operational Excellence

In a recent survey conducted by PennEnergy Research, 70% of surveyed energy industry professional...

Leveraging the Power of Information in the Energy Industry

Information Governance is about more than compliance. It’s about using your information to drive ...

Reduce Engineering Project Complexity

Engineering document management presents unique and complex challenges. A solution based in Enter...

Revolutionizing Asset Management in the Electric Power Industry

With the arrival of the Industrial Internet of Things, data is growing and becoming more accessib...