NPD Grants StatoilHydro Drilling Permit for PL 442 Wildcat

The Norwegian Petroleum Directorate (NPD) has granted StatoilHydro Petroleum AS a drilling permit for wellbore 25/2-17, cf. Section 8 of the Resource Management Regulations.

Wellbore 25/2-17 will be drilled from the Ocean Vanguard semisub at position 59 degrees 51' 57.13" North and 02 degrees 37' 50.39" East after the facility concludes the drilling of wildcat well 6407/2-5 for StatoilHydro Petroleum AS in production license 074.

The drilling program for wellbore 25/2-17 relates to the drilling of a wildcat well in production license 442. StatoilHydro Petroleum AS is the operator with a 40 percent ownership interest, while Det norske Oljeselskapet ASA, Svenska Petroleum Exploration AS and Altinex Oil Norway AS own 20 percent each.

The area in this production license consists of parts of blocks 25/2 and 25/3. The well will be drilled about 20 km east of the Frigg field in the central part of the North Sea. Production license 442 was awarded on June 15, 2007 (APA 2006). This is the first well to be drilled in the license.

The permit is conditional on the operator securing all other consents and permits required by other authorities before the drilling activity commences.