Statoil steps up Barents Sea drilling

Offshore staff

OSLO, Norway – Statoil has approval from the Norwegian Petroleum Directorate for a wildcat well in the Barents Sea.

The semisubmersible Transocean Spitsbergen will drill well 7325/1-1, the second in production license 615, which was awarded in 2011 under Norway’s 21st licensing round. It spans blocks 7324/1, 2, 3, and 7325/1.

Co-licensees are ConocoPhillips Scandinavia, OMV (Norge), and Petoro.

06/19/2014

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

Whitepapers

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...