UK-based oil and gas company Hurricane Energy has exercised its option over the semi-sub rig Transocean Spitsbergen to drill the Halifax prospect off the Shetland Isles.
The option was exercised on November 25, 2016. According to the rig contract amendments entered into with Transocean, the oil company exercised its option over the Transocean Spitsbergen in order to drill the Halifax prospect.
The prospect was recently awarded to Hurricane by the Oil and Gas Authority in an out of round application. The license extends northeast from the Hurricane’s existing Lancaster license. Hurricane identified a well location on Halifax and acquired a site survey over the prospective well location in preparation for the drilling of an exploration well.
The Halifax well, located in P2308 license off the Shetland Isles, will be drilled after completion of the Lincoln well which Hurricane started drilling on November 8. The Lincoln well is targeting a basement prospect geologically similar to the nearby Lancaster structure.
Offshore Energy Today Staff