Det norske secures Norwegian rig capacity

Det norske oljeselskap has contracted the harsh environment semisubmersible drilling rig Aker Barents for two years from July 2012 through July 2014.

Offshore staff

TRONDHEIM, Norway -- Det norske oljeselskap has contracted the harsh environment semisubmersible drilling rig Aker Barents for two years from July 2012 through July 2014. The rig will work for the company in deepwater regions in northern Norway and in the Barents Sea.

CEO Erik Haugane said: “We are always seeking more and better areas to explore. It is important to expand our activities, not least in the north, in order to get confirmation of the vast resources that we believe are present in the Barents Sea.”

The company is presently involved in two exploration wells offshore Norway. In August, it started drilling the high-pressure/ high-temperature Stirby gas/condensate prospect in license PL 341, where it has a 30% interest. The planning phase for this program took more than one year.

It is also a partner to Shell in the well on Dalsnuten, a gas prospect in PL 392. Results from both wells are expected shortly,

In the North Sea, Det norske was a participant in the 10 MMbbl Jetta oil discovery, which has now been deemed commercial. The partners aim to tie the field back via subsea facilities to ExxonMobil’s Jotun complex for oil processing and onward transportation.

Tariff negotiations are in progress, with a view to starting production from Jetta in 2013.

11/05/2010

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