Faroese Well Suspended Due to Bad Weather

Printer Friendly Version
Email this Page

A Statoil-operated well near the Faroe Islands has been temporarily suspended due to fears of bad weather as the region enters its winter season.

The Brugdan II well, which is located around 50 miles between the North Atlantic Ocean and the Norwegian Sea, was spud in June this year and is the second exploration well drilled on Faroese license 006, which covers an area of approximately 220 square miles.

The Faroese authorities have authorized a suspension of the well until the end of 2013, according to a Statoil statement Tuesday.

Statoil Færøyene holds a 50-percent interest in the Brugdan license, while its partner ExxonMobil Exploration and Production Faroe Islands has a 49-percent stake. Faroese junior Atlantic Petroleum holds the remaining one percent.

"Atlantic Petroleum is comfortable with the decision to temporarily suspend the well, as the operations are then able to bypass the harsh weather window. We look forward to the partnership re-entering the well in due course," Atlantic Petroleum CEO Ben Arabo added in a company statement.

Statoil has been operating in the Faroe Islands since the year 2000 and it now holds a significant acreage position with six operated licenses.

 

 



A former engineer, Jon is an award-winning editor who has covered the technology, engineering and energy sectors since the mid-1990s. Email Jon at jmainwaring@rigzone.com

Printer Friendly Version
Email this Page

WHAT DO YOU THINK?

Post a Comment Generated by readers, the comments included herein do not reflect the views and opinions of Rigzone. All comments are subject to editorial review. Off-topic, inappropriate or insulting comments will be removed.

Related Companies
Events  SUBSCRIBE TO OUR NEWSLETTER

Our Privacy Pledge
SUBSCRIBE

More from this Author
Jon Mainwaring
European Editor | Rigzone
 -  New Government Likely to Spell Positiv... (May 22)
 -  Galp Energia Sticking with Strategy fo... (May 19)
 -  Israeli Gas: Much Progress Ahead of UO... (May 15)
 -  Ithaca Issues Positive 1Q Results Upda... (May 14)
 -  Porcupine Prospect Could Contain 1.5B ... (May 12)


Most Popular Articles

From the Career Center
Jobs that may interest you
Environmental Field Specialist - SE Ohio
Expertise: Environmental, Safety & Training|HSE Auditing|Safety Training Rep
Location: Nashport, OH
 
4 Drilling Rig Clerk's and 2 Completions Rig Clerk's
Expertise: Dispatcher|Rig File Clerk
Location: Midland / Odessa , TX
 
Senior Drilling Engineer
Expertise: Drilling Consultant
Location: Houston, TX
 
search for more jobs

Brent Crude Oil : $66.54/BBL 2.32%
Light Crude Oil : $60.72/BBL 2.95%
Natural Gas : $2.95/MMBtu 1.02%
Updated in last 24 hours