StatoilHydro Taps Scarabeo 5 for Production Drilling on Asgard

Asgard Field Development
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Scarabeo 5
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The Petroleum Safety Authority has granted consent to StatoilHydro for use of the Scarabeo 5 semisub for production drilling and partial completion of the wells NO 6506/12-Q-5 and 6506/12-Y1H/Y2H on Asgard.

The wells are part of production license 094, which is centrally located in the Norwegian Sea at a water depth of approximately 300 meters.
Planned start-up of the activity is mid-August 2009. The operation has an estimated duration of approximately 112 days.

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