Ocean Vanguard retained for further Norwegian wildcat

Statoil has permission from the Norwegian Petroleum Directorate to drill an exploratory well close to the Volve field in the central Norwegian North Sea.

Offshore staff

OSLO, Norway – Statoil has permission from the Norwegian Petroleum Directorate to drill an exploratory well close to the Volve field in the central Norwegian North Sea.

Ocean Vanguard will drill the well, after it has completed another wildcat (30/11-8 A) for Statoil in production license 035.

The location for well 16/7-10 will be around 10 km (6.2 mi) northeast of Volve in PL 569, which was awarded earlier this year under Norway’s APA 2010 licensing round. The license covers the southwestern portion of block 16/4.

Statoil is the operator, in partnership with ExxonMobil and Total.

06/22/2011

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