Statoil Gets Go-Ahead to use Semisub in North Sea

The Petroleum Safety Authority Norway granted Statoil consent to use the West Alpha semisub to drill and complete well 6507/3-L-4 H/AH on the Alve field. The 6507/3-L-4 H/AH well will test the oil-water contact in an adjacent formation, then the lower part of the well will be permanently plugged, and the production well will be drilled and completed using a sidetrack into the producing formation. When the well is completed, it will be tied in to Norne's production facility. Drilling is expected to start on May 15, 2010 and should last about 60 to 75 days. The Alve gas and condensate field is located 10 miles (16 kilometers) southwest of the Norne field in the Norwegian sector of the North Sea in Production License 159B. Statoil serves as the operator, holding an 85% interest; Dong E&P Norge holds the remaining 15% interest.

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