Finance & Investing
News Services
Newsletters
Get free industry updates via email.
Daily News
Weekly News
Equipment Updates
Weekly Job Register
Monthly Event Guide
Our privacy
pledge.


advertisement

Repsol Spuds Darwin Well

change text size

Northern Europe-focused junior Faroe Petroleum reported Monday that Repsol has spud the Darwin exploration well in the Norwegian sector of the Barents Sea.

Repsol, the operator with a 20-percent stake in Darwin, is using the Transocean Barents (UDW semisub) rig to drill the well.

Darwin is located approximately 37 to 50 miles southwest of Statoil's Skrugard and Havis oil discoveries. Several targets have been identified from 3D seismic data, and the well is designed to test the main Darwin prospect and contribute towards further de-risking of the potential in the remainder of production license 531.

According to estimates, Darwin potentially holds one billion barrels of oil equivalent.

Faroe Chief Executive Graham Stewart commented in a statement:

"We are very pleased to announce the spudding of this high impact wildcat well which is our first in the highly prospective Barents Sea. This well is located in the promising western part of the Barents Sea - an area where a major breakthrough was achieved in 2011 with the giant Skrugard oil discovery.

"We have an active 2013 exploration drilling programme which includes several high impact exploration wells including Novus (Norwegian Sea) and two Butch wells (Norwegian North Sea)."

Faroe has a 12.5-percent stake in Darwin, while other partners in the well include Talisman Energy Norge, Marathon Oil Norge, RWE Dea Norge, Det norske Oljeselskap and Concedo.

Faroe is also currently awaiting results from another frontier well, North Uist, located west of Scotland.

 

 



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

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

More from this Author
Jon Mainwaring
European Editor | Rigzone
 -  Tribunal Rejects Ivory Coast Request t... (Apr 27)
 -  Drone Alone: Unmanned Aircraft in Oil,... (Apr 24)
 -  European Majors Team Up to Explore Arc... (Apr 21)
 -  Laggan-Tormore Project Causes More Woe... (Apr 20)
 -  Wintershall Strengthens Position in So... (Apr 15)
Most Popular Articles
From the Career Center
Jobs that may interest you
Technical Director
Expertise: Drilling Engineering|Maintenance Manager|Technical Manager
Location: Houston, TX
 
Maintenance Mgr-Rotating Equipment
Expertise: Drilling Engineering
Location: Lake Charles, 
 
Commissioning Mgr
Expertise: Drilling Engineering
Location: Houston, 
 
search for more jobs