Talisman JV Wraps Drilling of Lilleulv Prospect in North Sea's PL 038

The jackup rig Maersk Giant is about to finalize drilling operations on the Lilleulv prospect in Production License 038 in the North Sea. The drilling commenced on May 26 and is expected to be concluded this month.

Lilleulv is a separate structure to the Varg Field, and the well is thus classified as an exploration well. A positive result would be of importance, as it could extend the life of the Varg Field and add extra barrels of oil production to Det norske.

Talisman Energy is the operator of PL 038 with a 65% interest. Det norske has a 5% interest, whereas Petoro holds the remaining 30%.

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