Statoil to Use Polar Pioneer at Snohvit



Statoil has received consent for exploration drilling of well 7120/6-2 S in the Barents Sea with the Transocean Polar Pioneer from the Petroleum Safety Authority Norway.

Statoil has applied for consent for exploration drilling of an appraisal well on Snohvit, which is part of production license 097.

The purpose of drilling well 7120/6-2 is to find out how much of the oil present in the reservoir zones can be produced.

Water depth in the area is 324 meters. The drilling is expected to take 48 days including the relocation of the rig. Polar Pioneer is operated by Transocean. The facility received the PSA's Acknowledgement of Compliance (AoC) in May 2004.

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