Faroe Petroleum Gets Go-Ahead to Drill Brasse East

Laxman Pai
Tuesday, October 16, 2018

Norway’s Petroleum Safety Authority (PSA) has given consent to Oil and gas company Faroe Petroleum  to drill the Brasse East well off the coast of Norway, using the Transocean Arctic rig.

"Faroe Petroleum is the operator for production licence 740 in the North Sea. We have now given the company consent to drill exploration well 31/7-3 S (“Brasse Øst”). The purpose of the well is to appraise discovery 31/7-1 Brasse," said a statement from PSA.

The well is to be drilled in block 31/7 east of the Oseberg field in the central North Sea. Water depth at the site is around 124 metres.

The drilling operation is scheduled to begin in October 2018 and is expected to last at least 38 days.

Well 31/7-3 S is to be drilled by Transocean Arctic, which is a semi-submersible drilling facility of the Marosso 56 type, built by Mitsubishi Heavy Industries in Japan in 1987. It is classified by DNV GL and registered in the Marshall Islands.

The facility is operated by Transocean Ltd and received Acknowledgement of Compliance (AoC) from the PSA in July 2004.

In May this year, Faroe Petroleum made a commitment to drill the Brasse East exploration well off Norway and awarded an associated rig contract to a Transocean semi-submersible.

Faroe had entered into a contract for the use of the Transocean Arctic semi-submersible rig for drilling of the Brasse East well, back-to-back and immediately following drilling of the Rungne exploration well in PL 825 (Faroe 40% and operator), for which the Transocean Arctic is already on contract.

Categories: Drilling Activity Rigs Regulation

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