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Consent for exploration drilling using Transocean Spitsbergen

Statoil Petroleum AS has received consent for exploration drilling using the Transocean Spitsbergen mobile drilling facility to drill well 7220/2-1 Isfjell in production licence 714.

The well lies in the Barents Sea, around 219 km from the nearest mainland at Ingøy in Måsøy municipality, Finnmark. Water depth at the site is approx. 429 metres.

The position during drilling will be:
• 72° 48' 43.8" N
• 20° 33' 26.9" E

Drilling is planned to begin in August 2014, with a duration of around 30 days, depending on whether a discovery is made.

In its decision to grant permission under the Pollution Act, the Norwegian Environment Agency has determined that Statoil may not drill in oil-bearing strata before 18 September 2014. This condition has been set to allow for appeals before the riskiest part of the operation gets under way.

Transocean Spitsbergen is a semi-submersible drilling facility of the Aker H-6e type. It was built at the Aker Stord yard, is registered in the Marshall Islands and classified by DnV.

The facility received Acknowledgement of Compliance (AoC) in October 2012.



Øyvind Midttun, press contact
Email: oyvind.midttun@ptil.no | +47 51 87 34 77