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Consent to conduct exploration drilling with Ocean Vanguard – block 34/4

Consent: StatoilHydro has received consent to conduct exploration drilling in the northern North Sea using the mobile facility Ocean Vanguard.

The consent relates to the drilling of well 34/4-12 S and sidetrack 34/4-12 A. The well is part of production licence 057 and is located northeast of Snorre (see map).

Location of the well

The well has the following geographical coordinates:

N 61° 33' 08.1", E 02° 17' 37.7".  The water depth at the site is 382 metres.

According to the application for consent, the drilling activity will commence in December 2009 as soon as Ocean Vanguard has concluded the drilling of exploration well 6507/3-8 (link).  The activity has an estimated duration of 78 days.

Ocean Vanguard (formerly West Vanguard) is a semi-submersible, third generation drilling facility of the Bingo 3000 type, built in 1982. It is operated by Diamond Offshore with operations office in Stavanger and with technical and operational support from the company's office in Aberdeen.

The facility is registered on the Marshall Islands with Det Norske Veritas as classification society.

Ocean Vanguard received an Acknowledgement of Compliance (AoC) in July 2004 (link).