Faroe to drill two North Sea appraisal wells

Oil company Faroe Petroleum has received consent from Norway’s Petroleum Safety Authority (PSA) to use the Deepsea Bergen rig to drill two appraisal wells on North Sea production license 740 where the Brasse discovery is located.

The oil and gas Brasse discovery was made last June. The production license where the discovery is located covers blocks 31/7 and 30/9, east of the Oseberg field in the North Sea.

After a successful exploration well 31/7-1, Faroe, as the operator of the license, first decided to drill a sidetrack well to help confirm reservoir distribution and hydrocarbon contacts. The scheduled 31/7-2S well will be drilled in the coming days since its earliest spud date is May 18.

PSA, Norway’s safety body, said on Tuesday that it gave Faroe the consent to drill two appraisal wells designated 31/7-2 and 31/7-3 with optional sidetracks from both wells.

The drill sites are around 97 kilometers west of Øygarden in Hordaland county in a water depth of 119 meters.

Drilling will begin on June 1, 2017, at the earliest, and last 72 days for each well including possible sidetracks.

Both wells, as well as the 31/7-2S sidetrack, will be drilled by the Deepsea Bergen semi-submersible drilling rig of the Aker H-3.2 type, owned and operated by Odfjell Drilling.

The PL740 license is operated by Faroe with a 50 percent interest while the remaining 50 percent is held by Point Resources.

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