Faroe debuts as Norway drilling operator

The jackup Maersk Guardian has spudded the Clapton prospect exploration well in the southern Norwegian North Sea for Faroe Petroleum.

May 24th, 2012

Offshore staff

ABERDEEN, UK – The jackup Maersk Guardian has spudded the Clapton prospect exploration well in the southern Norwegian North Sea for Faroe Petroleum.

Well 2/8-18 S is Faroe’s first as an operatoroffshore Norway. The location is in license PL440 S in block 2/8, 5 km (3.1 mi) east of the Eldfisk East field, and 10 km (6.2 mi) north of the Valhall field.

Clapton is a chalk prospect on the flanks of the salt-induced Mode Dome. The well will target the Ekofisk, Tor, and Hod formations, the main producing reservoirs in the neighboring fields.

Partner Lundin Petroleum (NASDAQ:LUPE) says prospective resources could be 65 MMboe. Drilling should last about 60 days.

5/24/2012

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