VNG starts drilling Blink prospect

VNG Norge AS has begun drilling the second Pil/Bue follow-up well with the spudding of exploration well 6406/12-5S on the Blink prospect in the Norwegian Sea.

The Blink prospect is located in Licence PL586, which also contains the Pil and Bue discoveries, near the producing Njord field (Faroe 7.5%).

According to Faroe Petroleum, a partner in the Licence with 25% interest, the drilling programme will target the Upper Jurassic reservoirs analogous to the Pil, Bue and Draugen field reservoirs. This well follows on directly from the Boomerang well which encountered a 26 metre gross Upper Jurassic intra-Spekk/Rogn sandstone containing estimated recoverable resources of between 13 and 31 million barrels of oil equivalent.

The Blink exploration well, located in water depth of approximately 360 metres, is operated by VNG Norge AS (30%) using the Transocean Arctic semi-submersible drilling rig with partners Spike Exploration AS (30%) and Pure E&P Norway AS (15%).

Graham Stewart, Chief Executive of Faroe Petroleum said: “I am very pleased to announce the spudding of the Blink exploration which follows on from the Boomerang discovery announced last week. Blink is part of the follow up drilling programme on the significant Pil and Bue discoveries announced in 2014, located in the same licence area and within tie-back distance of the producing Njord field infrastructure.”

“The Greater Njord Area, which includes the Pil and Bue discoveries, the producing Njord and Hyme fields as well as the Snilehorn discovery announced in late 2013, together form a substantial position for Faroe with already significant proven resources. This drilling campaign has the potential to add considerable additional value.”

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