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Drilling Permit for Well 7018/5-1 in Production Licence 960

Source: www.gulfoilandgas.com 10/23/2020, Location: Europe

The Norwegian Petroleum Directorate has granted Equinor Energy AS a drilling permit for well 7018/5-1, cf. Section 15 of the Resource Management Regulations.

Well 7018/5-1 will be drilled from the West Hercules drilling facility in position 70°40'25.86"N and 18°26'48.19"E after concluding the drilling of wildcat well 6407/1-8 S for Equinor Energy AS in production license 263D.

The drilling program for well 7018/5-1 relates to the drilling of a wildcat well in production license 960. Equinor Energy AS is the operator with an ownership interest of 40 per cent. The other licensees are Petoro AS (20 per cent), Lundin Energy Norway AS (20 per cent) and Wintershall Dea Norge AS (20 per cent).

The area in this license consists of parts of blocks 7018/4 and 7018/5. The well will be drilled about 100 kilometers southwest of the Snohvit field.

Production license 960 was awarded on 22 June 2018 (24th licensing round on the Norwegian shelf). This is the first well to be drilled in the license.

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

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