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Drilling Permit for Well 31/10-1 in Production Licence 507

Source: www.gulfoilandgas.com 6/24/2014, Location: Europe

The Norwegian Petroleum Directorate (NPD) has granted Tullow Oil Norge AS a drilling permit for well 31/10-1, cf. Section 8 of the Resource Management Regulations. Well 31/10-1 will be drilled from the Borgland Dolphin drilling facility in position 60į 05'10.41" north and 3į 00'4.01" east after the wildcat well 6507/5-7 for E.ON E&P Norway AS in production licence 558 has been concluded.

The drilling program for well 31/10-1 concerns the drilling of a wildcat well in production licence 507. Tullow Oil Norge AS is the operator with an ownership share of 70 per cent. The others licensees are Explora Petroleum AS (20 per cent) and Ithaca Petroleum Norway AS (10 per cent). The area in this licence consists of parts of the blocks 25/2.3, 30/11.12 and 31/10. The well will be drilled about 35 kilometres south of the Oseberg field.

Production licence 507 was awarded on 23 January 2009 (APA 2008). This is the first well to be drilled in the licence.

The permit is contingent upon the operator having secured all other permits and consents required by other authorities before the drilling starts.

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