VNG Norge and its partners in PL586 will develop the Pil & Bue discoveries using a subsea installation tied back to the Njord A platform in the Norwegian Sea. Map of Pil & Bue, from VNG Norge. In…
Statoil has made an oil and gas discovery at the Njord North Flank in the Norwegian Sea that could potentially hold up to 28.3 MMboe, according to partner Faroe Petroleum. The Songa Delta, from Songa Offshore…
Statoil has started drilling on the Njord North Flank-2 (NF-2) exploration well 6407/7-9 S in the Norwegian Sea, according to partner Faroe Petroleum. The NF-2 prospect is in production license 107C, immediately north of the Njord field…
The Norwegian Petroleum Directorate has granted Statoil Petroleum drilling permit for well 6407/7-9 S using the Songa Delta semisubmersible drilling rig. The well, also called Njord NF2, is in production licence PL 107 C, operated by…
DONG E&P Norge is divesting its shares of five Norwegian oil and gas fields to Faroe Petroleum in a US$70.2 million deal, as Faroe moves to raise $81 million (£60.8 million) to fund the acquisition, as well as accelerate its Brasse discovery towards development…
Faroe Petroleum has successfully side-tracked its appraisal well on the Brasse discovery in licence PL740 in the Norwegian North Sea. The side-track well (31/7-1A) was appraising the south-eastern part of the Brasse discovery. Results based on extensive coring…
The Norwegian Petroleum Directorate has granted Faroe Petroleum a drilling permit for a side track appraisal well on the Brasse discovery in the Norwegian North Sea. Well 31/7-1 A side track will be drilled using the Transocean Arctic drilling facility in production license 740…
Wintershall's Kvalross exploration well in the Norwegian sector of the Barents Sea (Faroe 40%) is being abandoned after it was found to be non-commercial. The well, 7224/2-1, was spudded on 11 January, and reached a total vertical depth of 2917m in the Lower Triassic Havert formation…
Faroe Petroleum’s exploration drilling program for the year will see the UK-based explorer begin drilling at its operated Brasse prospect in the North Sea this summer using the Transocean Arctic rig. Map of Oseberg…
German explorer Wintershall has started drilling on the Kvalross exploration well 7224/2-1 in license PL611, in the Norwegian Barents Sea. Kvalross is to the south of OMV’s significant Wisting and Hanssen oil discoveries. The well…
A total of 26 oil and gas companies applied for rights to explore acreage in the Norwegian and Barents Seas in Norway’s 23rd licensing round this week. This year’s licensing round comprises of 57 announced blocks or parts of blocks, of…
Petrofac, Faroe Petroleum and Eni Hewett have established a cost saving partnership to drive efficiencies and commercial synergies across their UK operations in the UK southern North Sea. The tripartite agreement sees collaboration between…
VNG Norge’s Blink well in the Norwegian Sea has failed to find hydrocarbons, according to partner Faroe Petroleum. Image from VNG Norge. The well, 6406/12-5S, was drilled 27km…
VNG Norge has started drilling on the Blink prospect in the Norwegian Sea offshore Norway. The well, 6406/12-5 S, is in license PL586, which also contains the recent significant Pil and Bue discoveries (announced in 2014), says partner Faroe Petroleum…
VNG Norge has made an oil discovery in the main bore of the Boomerang exploration well offshore Norway. Well 6406/12-4S on Boomerang was drilled close to the Pil discovery and encountered a 26m gross Upper Jurassic intra-Spekk/Rogn sandstones with good reservoir properties and moveable oil…
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