Statoil Spuds Bister Well in Norwegian Sea
Statoil has spud the Bister exploration well in the Norwegian Sea, its partner Faroe Petroleum reported Tuesday.
The well (designated 6407/8-7) is located on license PL348/C, which also contains the producing Hyme field and the 2013 Snilehorn discovery. It is targeting oil and gas in the Jurassic, Ile, Tilje and Åre formations.
Faroe – which holds a 7.5-percent stake in the license – said that there is a seismic anomaly on the Bister prospect of a similar character to the anomalies on both the Snilehorn discovery and the Hyme field. There is also evidence of a pressure barrier between Snilehorn and Hume, which contributes to the de-risking of the Bister prospect, the firm said.
Faroe Chief Executive Graham Stewart commented in a company statement:
"I am very pleased to announce the spudding of the Bister exploration well to follow up on the significant Snilehorn discovery announced in 2013, located in the same license and close to the producing Njord Field infrastructure. This is the second well in our 2015 exploration program, following the successful completion of the Shango discovery earlier this month.
"During the coming months we also expect to start drilling the first of two follow-up wells at the significant Pil discovery (Faroe 25 percent) on the Blink and Boomerang prospects."
WHAT DO YOU THINK?
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.
Operates 1 Offshore Rigs
- Sharp Fall In Applications For Norway's Arctic Oil Permits (Dec 05)
- Statoil Greenlights $6B Flagship Arctic Oil Project (Dec 05)
- Partners to Invest in New Gas Module at Troll C Platform (Nov 07)
Company: Faroe Petroleum more info
- Drilling of Well at Fogelberg Gas Discovery to Start in Feb/March -Centrica (Sep 01)
- Japan's JX To Sell North Sea Oil Field Stake To Faroe Petroleum (Jul 28)
- Faroe: Bone Exploration Well in Barents Sea Spud (Jan 12)