RE: RE: RE: RE: Storbarden Dud, Now Norvarg Spud
The Norvarg appraisal well is being drilled by Ocean Rig’s Liev Eiriksson semi-submersible drilling rig, and is expected to take 69-104 days.
The main objective of the well is to prove up the volume potential in the northeastern segment of the Norvarg closure.
The partners in the licence are Total (operator – 40 per cent interest), North Energy (20 per cent), Det Norske (20 per cent), Valiant Petroleum Norge (13 per cent) and Rocksource Exploration Norway (7 per cent).
Total announced the Norvarg gas discovery in mid 2011. Post drill analysis indicated an upside of 60 - 315MMboe.
Source - Offshore Energy Today/SubSeaIQ