Transocean Arctic to drill in Pil area offshore Norway

Rocksource says the partners in last year’s Pil and Bue discoveries in the Norwegian Sea license PL 586 have secured a rig for follow-up wells this year.

Jan 12th, 2015

Offshore staff

OSLO, Norway – Rocksource says the partners in last year’s Pil and Bue discoveries in the Norwegian Sea license PL 586 have secured a rig for follow-up wells this year.

Combined resources of the two finds are estimated in the 95-175 MMboe range. This year the partners are targeting further potentially high-impact prospects on the license with unrisked resources of 200-500 MMboe.

They have agreed on two back-to-back well slots for the semisubmersibleTransocean Arctic, and expect drilling to start in mid-2015. They have also identified further upside in the license.

Otherwise, Rocksource has no wells currently scheduled for 2015, although its goal is to develop further exploration targets for drilling in 2016 and beyond.

01/12/2015

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