Statoil gets go ahead for new Barents Sea wildcat

Statoil has clearance from the Norwegian Petroleum Safety Authority (PSA) for exploration drilling in the Barents Sea.

Offshore staff

OSLO, Norway -- Statoil has clearance from the Norwegian Petroleum Safety Authority (PSA) for exploration drilling in the Barents Sea.

The semisubTransocean Spitsbergen is likely to spud well 7125 4-3 on the Ensis structure in early September. The location is in license PL393 in 294 m (964 ft) of water, 42 km (26 mi) from Knivskjelodden in Nordkapp municipality.

Drilling could last around 30 days if the result is positive.

In the North Sea, PSA has authorized Statoil’s request forextended use of the Statfjord C, Statfjord Nord, Statfjord Øst, and Sygna production facilities beyond their original design lives.

Statfjord is an oil field in 145 m (476 ft) of water in the Tampen area and has been in production in 1979. It has beendeveloped using three platforms with concrete substructures.

Statfjord C was installed in 1984, and the Statfjord Nord and Statfjord Øst satellite fields were tied in during 1994/95, followed by Sygna and Statfjord Nordflanken in 2000.

The Statfjord satellites are subsea installations tied back to the Statfjord C platform.

7/10/2014

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