PSA Gives StatoilHydro Thumbs Up to Drill with Ocean Vanguard

Petroleum Safety Authority Norway

StatoilHydro has received consent to conduct exploration drilling of well 35/6-1 S with the semisub Ocean Vanguard.

The well is located in the Norwegian Sea, about 43 kilometers west of Kinn in Flora municipality and 18 kilometers north of Gjoa.

Well 35/6-1 S has the following geographical coordinates:

  • N 61 degrees 32' 02.9"
  • E 03 degrees 54' 40.8"

Water depth at the site is 343 meters.

Drilling is set to start around mid-November 2008, and the activity is expected to last for about 58 days.

The Ocean Vanguard (formerly West Vanguard) is a Bingo 3000-type semisubmersible drilling facility, commissioned in 1982 at Trosvik Verksted AS. It has subsequently undergone a number of upgrades. The facility is classified in the DnV's register and is operated by Diamond Offshore Netherlands BV. The semisub received an Acknowledgement of Compliance on July 2, 2004.