Wintershall Starts PL457 Drilling Campaign
Anglo-Norwegian junior explorer Bridge Energy reported Wednesday that its partner, Wintershall, has started its exploration drilling campaign on Norwegian production license PL457.
Two wells are being drilled on PL457: the Amol prospect on the Utsira High and the Asha East prospect on the Gudrun Terrace. Both wells will be drilled by the Borgland Dolpin (mid-water semisub) rig, with the Asha East well being drilled as a side-track from the Amol well main bore. Results from Asha East are expected first.
Bridge CEO Tom Reynolds commented in a company statement:
"I am pleased to announce the spud of the next two exploration wells within the Bridge 2013 drilling program. The wells will target the Amol prospect, where we estimate around six million barrels of oil equivalent potential net recoverable resource to Bridge on an un-risked basis, and will also target the Asha East prospect.
"With significant resources discovered through the Asha well drilled in 2012, these wells have the potential to add significant resources to an already valuable asset."
Bridge has 20-percent interest in PL457, while operator Wintershall has a 40-percent stake. VNG and E.ON both have a 20-percent interest in the license.
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 4 Offshore Rigs
- Sharp Fall In Applications For Norway's Arctic Oil Permits (Dec 05)
- Libya's NOC, Wintershall Strike Interim Deal To Resume Output (Jun 13)
- BASF Sees Role of Oil and Gas Unit Declining Further (May 12)
Company: Bridge North Sea more info
- Asha East Well Comes up Dry (Oct 17)
- Wintershall's Amol Well Comes up Dry (Sep 25)
- Spike Targets Bridge Energy (Sep 16)