Project Profile
Location: Barents Sea offshore Norway
Area: 1,462 sq km
Start-up Year: -
PL659 is located in the Barents Sea (Norway) and was awarded in February 2012 (APA 2011) with a firm well + 3D seismic commitment. The licence consists of 7 blocks/part blocks and covers 1,462 sqkm. The rig Transocean Barents has been contracted and will drill an exploration well to target the Langlitinden Prospect. The well is expected to spud in January 2014 and is expected to drill 51 days.
The Langlitinden well will test an unrisked volume 154-374 mmboe in the main target interval (operator numbers), and is considered to be a low to moderate risk prospect where both oil and gas can be present. In addition several other prospects and leads have been identified within the licence, and on success in Langlitinden these will be significantly de-risked. Another discovery (the 7222/11-1, oil and gas discovery) was made on this licence in 2008.
Operator:
Aker BP: Operator with 50% interest
Petoro: 30% interest
Lundin: 20% interest
Contractor:
Transocean: Drilling contractor using the rig Transocean Barents
Odfjell Drilling: Drilling contract for Deepsea Stavanger mobile drilling facility to drill Svanefjell prospect.