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Drilling Permit for Well 6306/5-2 in Production Licence 642

Source: www.gulfoilandgas.com 6/17/2015, Location: Europe

The Norwegian Petroleum Directorate (NPD) has granted Repsol Exploration Norge AS a drilling permit for well 6306/5-2, cf. Section 8 of the Resource Management Regulations. Well 6306/5-2 will be drilled from the Bredford Dolphin drilling facility in position 6343'52.31'' north and 634'27.34'' east after completing wildcat well 16/4-9 S in production licence 359 for Lundin Norway AS.

The drilling programme for well 6306/5-2 concerns the drilling of a wildcat well in production licence 642. Repsol Exploration Norge AS is the operator with an ownership interest of 40 per cent. The other licensees are OMV Norge AS (20 per cent), Petoro AS (20 per cent) and Tullow Oil Norge AS (20 per cent).

The area in this licence consists of part of block 6306/2 and part of block 6306/5. The well will be drilled about 64 kilometres northeast of the Ormen Lange field and about 34 kilometres south of the 6406/12-3 S (Pil) discovery.

Production licence 642 was awarded on 3 February 2012 (APA 2011). 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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