Statoil to drill again in Barents Sea

Offshore staff

OSLO, Norway -- The Norwegian Petroleum Directorate has authorized Statoil Petroleum to drill a wildcat well in the Barents Sea.

The West Hercules will drill well 7220/5-2 in production license 532, which comprises blocks 7219/9, 7220/4, 7220/5, 7220/7, and 7220/8.

This will be the fourth exploratory well on the concession, awarded under Norway’s 20th licensing round in 2009.


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


Logistics Risk Management in the Transformer Industry

Transformers often are shipped thousands of miles, involving multiple handoffs,and more than a do...

Secrets of Barco UniSee Mount Revealed

Last year Barco introduced UniSee, a revolutionary large-scale visualization platform designed to...

The Time is Right for Optimum Reliability: Capital-Intensive Industries and Asset Performance Management

Imagine a plant that is no longer at risk of a random shutdown. Imagine not worrying about losing...

Going Digital: The New Normal in Oil & Gas

In this whitepaper you will learn how Keystone Engineering, ONGC, and Saipem are using software t...