Norway and UK-focused independent oil firm Faroe Petroleum reported Wednesday that drilling has begun of the second Pil/Bue follow-up well (6406/12-5S) on the Blink prospect in the Norwegian Sea.
The Blink prospect is located on Norwegian production license PL586 (in which Faroe has a 25-percent stake), which contains the Pil and Bue discoveries that were reported in 2014. The license is close to the producing Njord field, in which Faroe also has a stake (7.5 percent).
VNG Norge, the operator of the license, is using the Transocean Arctic (UDW semisub) rig to drill the well. The drilling program will target Upper Jurassic reservoirs that are analogous to the Pil, Bue and Draugen field reservoirs.
The latest well follows on from the Boomerang well, which encountered a 85-foot gross Upper Jurassic intra-Spekk/Rogn sandstone containing estimated recoverable resources of between 13 and 31 million barrels of oil equivalent.
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