VNG Norge Spuds Pil Well in the Norwegian Sea

Northern Europe-focused junior explorer Faroe Petroleum announced Tuesday that drilling has begun on the VNG Norge-operated Pil exploration well (6402/12-3S) in the Norwegian Sea.

The Pil prospect, which is located on the PL586 license, is a combined structural and stratigraphic closure. The primary target is at the shallower Upper Jurassic Rogn formation sandstone, which has proved to be an effective reservoir in the producing Draugen field, which lies some 37 miles to the northeast.

Fafoe holds a 25 percent stake in the Pil exploration well, which is located within tie-back distance (around 20 miles) to the Njord platform in which Faroe also holds a 7.5-percent interest.

VNG Norge and Spike Exploration each hold 30 percent, while Rocksource Exploration Norway holds a 15-percent stake.

Faroe Chief Executive Graham Stewart commented in a company statement:

"We are pleased to announce the spudding of the Pil exploration well which, as with our recently discovered Snilehorn oil discovery, is another exciting exploration prospect located in the Greater Njord Area. Pil is situated in close proximity to the Njord hub facilities, which act as host to the Hyme field, and is also likely to host the significant Snilehorn oil field and potentially further yet to be discovered fields in the vicinity."

Have a news tip? Share it with Rigzone!


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

Our Privacy Pledge

More from this Author
Rigzone Staff
e-mail us at
 -  Petronas: LNG Train 9 in Sarawak Moves... (Jan 23)
 -  Xodus Wins Apache North Sea Well Contr... (Jan 23)
 -  FAR: SNE 5 Appraisal Well Spuds Offsho... (Jan 23)
 -  Scottish Government Reveals New Subsea... (Jan 20)
 -  SOFF Secures Services Contract for Jan... (Jan 20)

Most Popular Articles

From the Career Center
Jobs that may interest you
Rig Moving Class A Truck Driver
Expertise: Rig Mover|Truck / HGV Driver
Location: Midland, TX
U.S. Zanesville: Sr Field Engineer - Directional Drilling
Expertise: Directional Driller
Location: Zanesville, OH
United States Canonsburg: Service Manager
Expertise: Customer Service|WellSite Supervisor
Location: Canonsburg, PA
search for more jobs

Brent Crude Oil : $55.49/BBL 2.45%
Light Crude Oil : $52.42/BBL 2.04%
Natural Gas : $3.2/MMBtu 5.04%
Updated in last 24 hours