NPD greenlights North Sea wildcat, Brasse prospect

The Norwegian Petroleum Directorate has granted Faroe Petroleum Norge AS a permit for well 31/7-1 on its jointly owned Brasse prospect in PL740. The area in this licence is part of Blocks 31/7 and 30/9. PL740 was awarded in APA 2013. This is the first well to be drilled in the licence.

According to Faroe’s web site, the prospect holds stacked reservoir potential in Upper and Middle Jurassic. Well 31/07-01 will be drilled from the Transocean Arctic drilling facility and is expected to spud sometime in midyear. Faroe is 50% partner with Core Energy AS in PL740.

Contact Tayvis Dunnahoe at tayvisd@ogjonline.com.

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

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...

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 ...