The Norwegian Petroleum Directorate has granted Lundin Norway a drilling permit for well 7120/2-3 S in the Barents Sea using the Transocean Leader semisub.
The well will be drilled in Production License 438 in a water depth of 1,024 feet (312 meters). Drilling should take about 56 to 71 days.
Lundin operates the license with a 25% interest; Petoro with 20%; RWE Dea Norge with 20%; Talisman Energy with 17.5%; and Marathon Petroleum with 17.5%.
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