The Norwegian Petroleum Directorate (NPD) has granted Wellesley Petroleum a drilling permit to drill an exploration well, which aims to investigate a prospect named Serin located in the North Sea.
The well 35/12-7 is located in production license 925 where Wellesley is the operator with an ownership interest of 90 per cent. Concedo is a licensee with 10 per cent.
The company has already obtained consent to drill the well using the Transocean Arctic drilling rig.
The drilling program for well 35/12-7 relates to the drilling of a wildcat. The area in this license consists of a part of block 35/9 and 35/12. The well will be drilled about 23 kilometers southwest of the Gjøa field and 7 kilometers east of Byrding.
The drilling is planned to begin in June 2018, with a duration of around 26 days, depending on whether a discovery is made.
Production license 925 was awarded in APA 2017, on 2 March 2018 and this is the second well to be drilled within the license.
It is worth mentioning that the Serin well is part of Wellesley’s North Sea drilling campaign, which has already started. The first well, named Kallåsen 35/12-6S, was spud earlier in May.
Both wells have contingent sidetracks and well tests depending on the well results.