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Drilling Permit for Well 16/4-10 in PL 544

Source: www.gulfoilandgas.com 11/30/2015, Location: Europe

The Norwegian Petroleum Directorate (NPD) has granted Lundin Norway AS a drilling permit for well 16/4-10, cf. Section 8 of the Resource Management Regulations. Well 16/4-10 will be drilled from the Island Innovator drilling facility in position 583503.08 north 021021.95 east.

The drilling programme for well 16/4-10 relates to drilling of a wildcat well in production licence 544. Lundin is the operator with an ownership interest of 40 per cent. The other licensees are Bayerngas Norge AS and Lime Petroleum Norway AS, each with 30 per cent.

The area in this licence consists of part of block 16/4. The well will be drilled southwest of the 16/4-6 S oil discovery (Luno II) in the central part of the North Sea.

Production licence 544 was awarded on 19 February 2010 (APA 2009). This is the second exploration well to be drilled within the licence area.

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

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