Jersey confirms rig for North Sea Verbier well

Statoil (U.K.) has contracted the semisubmersible Transocean Spitsbergen to drill the Verbier prospect this summer on the P.2170 license in the UK central North Sea.

Offshore staff

LONDONStatoil (U.K.) has contracted the semisubmersible Transocean Spitsbergen to drill the Verbier prospect this summer on the P.2170 license in the UK central North Sea.

According to partner Jersey Oil & Gas, this will form a three-well, Statoil-operated campaign.

Verbier, in blocks 20/5b and 21/1d, is thought to hold prospective resources of 162 MMboe.

Statoil will fund all costs up to a cap of $25 million for the well, with JOG benefiting from an additional carry of 10% from co-venturer CIECO Exploration and Production (UK).

04/04/2017

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