Atinex Says Production Drilling has Begun at the Brage Field
This well 31/4-A-16A shall explore a potential extension of the Statfjord Horst to the West. Thereafter it shall be sidetracked to a new production target and completed in the Statfjord reservoir as 31/4-A-16B. This operation should be finished within Q1/2007.
The current production and exploration drilling
program on the Brage field will continue until
mid 2011 with production foreseen beyond 2020.
For the period ending 2007 the Altinex group has
committed to an extensive drilling program with
more than 11 production wells, 7 - 8 exploration
wells and 1 appraisal well. We will on a regular
basis distribute press releases, reporting
status on these drilling activities.
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