Norwegian oil company Aker BP started drilling the 25/4 – 11 exploration well targeting the Hyrokkin prospect, located in the North Sea, on Friday, August 11.
The Hyrokkin prospect is located in PL 677, approximately 20 km northeast of the Alvheim field and approximately 220 km northwest of Stavanger on the west coast of Norway. The primary objective of well 25/4 – 11 is to test the hydrocarbon potential and reservoir properties of the Tertiary Heimdal Fm.
Drilling is expected to take approximately 23 days, according to Fortis Petroleum, a partner in the license.
The operator of the license is Aker BP with a 60 percent interest while Fortis Petroleum and MOL Norge hold a 30 and 10 percent interest, respectively.
Michael Haagaard, Chief Executive Officer of Fortis. Commented: “The spudding of well 25/4 – 11 in this highly prospective part of the Norwegian North Sea close to existing infrastructure is exciting as we believe that a great deal of value remains to be extracted from the Norwegian Continental Shelf.
“The application of leading edge technology, coupled with the financial backing of Fortis’s majority owner, the Seacrest Capital Group, will enable the company to maximize the value creation opportunities in the region.”