The Solberg prospect, operated by Germany's Wintershall (35% equity), is 4km northeast of the Tyrihans field and 8km southeast of UK-based explorer Faroe Petroleum’s Maria discovery (2010).
Drilling is being carried out using the
The well will assess the lateral extent and size of the Lower Cretaceous Rodriguez discovery, announced by Faroe in January 2013, where moveable hydrocarbons were discovered in sandstone layers in the Lange formation.
The operator's gross un-risked preliminary volumetric estimates of the size of the Rodriguez discovery were stated to be 19-126MM boe.
Faroe also holds 30% equity in the neighboring Milagro license PL590.
Graham Stewart, CEO of Faroe Petroleum, said:“The spudding of the Solberg appraisal well follows on from the adjacent Rodriquez discovery announced in January 2013. This well is particularly exciting due to its potential to open up a new play in this area."
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