Pertra Gets Okay to Use Deepsea Trym on Varg Field

Norwegian Petroleum Safety Authority

The Petroleum Safety Authority Norway (PSA) has granted its consent to Pertra for exploration drilling using the Deepsea Trym. Pertra wants to explore the potential in the area to the west of the Varg field, with a view towards securing new tasks for the Varg installation.

The Deepsea Trym was built in Norway at the Aker Værdal yard and commissioned in 1976. The rig had assignments on the Norwegian shelf up until it was sold out of the country in 1986.

The rig was bought back in 1996 and has undergone major upgrades to meet the current regulatory requirements for the North Sea.

The Deepsea Trym secured an Acknowledgement of Compliance on June 27, 2003 and also holds a "Safety Case" for the British sector. The rig is owned by Odfjell Drilling.

This consent applies to wildcat well 15/12-15, located to the west of the Varg field.

Varg was proven in 1984 and production got underway in 1998. The field is developed using an unmanned wellhead platform combined with a production ship with integrated oil storage.

The Varg oil is offloaded from the production ship to shuttle tankers.

The consent has been granted for the period from October 15, 2004 to January 30, 2005.

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