Wintershall Starts PL457 Drilling Campaign

Anglo-Norwegian junior explorer Bridge Energy reported Wednesday that its partner, Wintershall, has started its exploration drilling campaign on Norwegian production license PL457.

Two wells are being drilled on PL457: the Amol prospect on the Utsira High and the Asha East prospect on the Gudrun Terrace. Both wells will be drilled by the Borgland Dolpin (mid-water semisub) rig, with the Asha East well being drilled as a side-track from the Amol well main bore. Results from Asha East are expected first.

Bridge CEO Tom Reynolds commented in a company statement:

"I am pleased to announce the spud of the next two exploration wells within the Bridge 2013 drilling program. The wells will target the Amol prospect, where we estimate around six million barrels of oil equivalent potential net recoverable resource to Bridge on an un-risked basis, and will also target the Asha East prospect.

"With significant resources discovered through the Asha well drilled in 2012, these wells have the potential to add significant resources to an already valuable asset."

Bridge has 20-percent interest in PL457, while operator Wintershall has a 40-percent stake. VNG and E.ON both have a 20-percent interest in the license.



Have a news tip? Share it with Rigzone!
Email news@rigzone.com

WHAT DO YOU THINK?

Click on the button below to add a comment.
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
For More Information on the Offshore Rig Fleet:
RigLogix can provide the information that you need about the offshore rig fleet, whether you need utilization and industry trends or detailed reports on future rig contracts. Subscribing to RigLogix will allow you to access dozens of prebuilt reports and build your own custom reports using hundreds of available data columns. For more information about a RigLogix subscription, visit www.riglogix.com.
Events  SUBSCRIBE TO OUR NEWSLETTER

Our Privacy Pledge
SUBSCRIBE

More from this Author
Rigzone Staff
e-mail us at news@rigzone.com
 -  How to Become a Safety Engineer (Sep 18)
 -  How to Become a Geologist (Sep 15)
 -  Oil, Gas Industry Leadership Group to ... (Sep 14)
 -  CB&I Wins China PDH Unit Contract (Sep 11)
 -  What Kind of Salary Potential Do Geote... (Sep 8)


Most Popular Articles

From the Career Center
Jobs that may interest you
Project QA-QC Supervisor/Engineer
Expertise: Drilling Consultant|Environmental, Safety & Training|HSE Auditing
Location: Minot, ND
 
Floorhand
Expertise: Floorhand / Roughneck
Location: Fruita, CO
 
Drilling Engineering Manager - Delaware Basin
Expertise: Drilling Engineering|Drilling Manager|Engineering Manager
Location: Midland, TX
 
search for more jobs

Brent Crude Oil : $55.14/BBL 0.61%
Light Crude Oil : $49.48/BBL 0.86%
Natural Gas : $3.12/MMBtu 0.95%
Updated in last 24 hours