Det norske Gets Drilling Permit from NPD in Production Licence 553

The Norwegian Petroleum Directorate has granted Det norske oljeselskap ASA a drilling permit for wellbore 34/7-36 S, cf. Section 8 of the Resource Management Regulations.

Wellbore 34/7-36 S will be drilled from the Borgland Dolphin drilling facility, after completing drilling of wildcat well 31/10-1 for Tullow Oil Norge AS in production licence 507.

The drilling programme for wellbore 34/7-36 S relates to drilling of a wildcat well in production licence 553, where Det norske Oljeselskap ASA is the operator with an ownership interest of 40 per cent. The other licensees are Svenska Petroleum Exploration AS (35 per cent) and Bayerngas Norge AS (25 per cent). The area in this licence consists of parts of block 34/7 and parts of block 34/8. The well will be drilled about ten kilometres west of the Visund field and 130 kilometres west of Florø.

Production licence 553 was awarded on 19 February 2010 (APA 2009). This is the first well drilled in the licence.

The permit is contingent upon the operator securing all other permits and consents required by other authorities before commencing drilling activities.

Press Release, July 30, 2014

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