West Navigator Drillship to Support Faroe’s Novus Prospect, Norway

Norway-Faroe-Contracts-West-Navigator-Drillship-for-Novus-Prospect

Faroe Petroleum, the independent oil and gas company focusing principally on exploration, appraisal and production opportunities in the Atlantic margin, the North Sea and Norway, announces that it has contracted the West Navigator drillship to drill the Faroe operated Novus prospect in Norway in the second half of 2013.

This licence is located to the South West of the Heidrun field in the prolific Halten Terrace hydrocarbon province of the Norwegian Sea. The main targets for the well are the Jurassic reservoirs of the Garn, Ile, and Tilje formations.

The Novus prospect was awarded to Faroe as part of the APA 2011 Licensing Round announced in January of this year. The licence group consists of Faroe Petroleum as operator (50%), Centrica Resources (Norge) AS (40%) and Skagen 44 AS (10%).

Graham Stewart, Chief Executive of Faroe Petroleum, commented:

”We are very pleased to announce the securing of a rig to drill the Novus prospect, which will be the second Faroe Petroleum operated well on the Norwegian Continental Shelf”. The Novus prospect was identified and mapped by Faroe Petroleum for the 2011 APA licence round and lies in the prolific Halten Terrace hydrocarbon province of the Norwegian Sea.”

“In the meantime Faroe is participating in four further exploration wells scheduled to be drilled in the next six months in both UK and Norwegian waters.”

Press Release, September 28, 2012; Image: Seadrill

 

Share this article

Follow Subsea World News

Events>

<< Sep 2015 >>
MTWTFSS
31 1 2 3 4 5 6
7 8 9 10 11 12 13
14 15 16 17 18 19 20
21 22 23 24 25 26 27
28 29 30 1 2 3 4

POWER-GEN Asia

POWER-GEN Asia has, over its 23 year history, become the leading force in delivering a platform for the power industry to meet, share…

read more >

NATIONAL FLUID POWER CENTRE

The Course includes Practical Electro-Hydraulic Circuit Construction, setting-up procedures, testing & fault diagnosis…

read more >

ROV Pilot Tech

The training facilities include a 10 student electronics lab and a 10 student mechanical workshop all under 2000m2…

read more >

Subsea Management Training

This program focuses on the fundamentals of running a subsea department. Topics include department administration, planning and execution…

read more >