Repsol receives consent for exploration drilling offshore Norway – WorldOil (subscription)

3/3/2017

STAVANGER, Norway -- Repsol Norge AS is the operator for production license 705 in the Norwegian Sea.

The Petroleum Safety Authority Norway (PSA) has given Repsol consent to drill exploration well 6705/7-1 in a prospect named Stordal.

The well's geographical coordinates will be:

67 15' 05.14" N 05 10' 29.12" E

The drilling site is in the deep-water section of the Norwegian Sea, around 395 km west of Bod. Water depth at the site is 1,410 m.

Drilling is scheduled to start in early March and to last 33 days, or 48 days if a discovery is made.

The well is to be drilled by Transocean Spitsbergen, which is a semisubmersible drilling facility of the Aker H-6e type, owned and operated by Transocean Offshore Ltd. It was built at the Aker Stord yard in 2009, is registered in the Marshall Islands and classified by DNV GL. Transocean Spitsbergen received a new Acknowledgement of Compliance from the PSA in November 2012 following a change of ownership.

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Repsol receives consent for exploration drilling offshore Norway - WorldOil (subscription)