The Norwegian Petroleum Directorate has approved Eni Norge’s bid to drill a wildcat well – its first on production licence 716.
ENI Norge AS is the operator with an ownership interest of 30%. The other licensees are Bayerngas Norge AS with 20%, Faroe Petroleum Norge AS with 20%, Petoro AS with 20% and Point Resources AS with 10%.
The area in this licence consists of blocks 7318/11 and 7318/12. The well will be drilled about 80 kilometres northwest of Johan Castberg and 320 kilometres from the mainland.
Production licence 716 was awarded on 21 June 2013 in the 22nd licensing round on the Norwegian shelf.
The well will be drilled from the Scarabeo 8 drilling facility in position 73°7′ 46.84″ north and 18°43’4.17″ east.