Barents Sea

Other News

Oil companies collaborate on operational tasks in the Barents Sea

21/04/2015

A number of oil companies including Statoil and GDF Suez are set to collaborate on solving operational tasks tied to exploration in the Barents Sea. The project, called BaSEC (Barents Sea Exploration Collaboration) will initially last for around three years. It will cover the Barents Sea, with a special focus on the areas which have been included in the 23rd licensing round. Other companies involved include Eni Norge, Lundin Norway and OMV.

Other News

EMGS strikes $8million deal

01/12/2014

Electromagnetic Services (EMGS) has struck an $8million deal with an international oil company. The contract will see EMGS provide 3D EM data from its multi-client data library in the Barents Sea. The company said the data will be delivered in the fourth quarter this year, with the firm booking $4.5million after the partner's share of revenues.

Oil & Gas

Statoil completes exploration in the Barents Sea

07/11/2014

Statoil has completed its exploration programme in the Barents Sea, completing 10% of all exploration wells drilled in the Barents Sea. The exploration well, between 2013 and 2014, started with five wells in the vicinity of Johan Castberg. These wells were critical, Statoil said, in clarifying the oil potential in the area in order to plans for the Johan Castberg field.

Oil & Gas

Norway’s Barents Sea exploration breakthrough bonanza

03/11/2014

Seven wells are currently active on the NCS . . . six exploration; one appraisal. Four are North Sea, two Norwegian Sea and one in the Barents. There are nine active development/production wells utilising mobile units in the sector, all North Sea. There are 38 units on the NCS . . . six on E&A duties and nine on D&P drilling. In addition, eight fixed platform D&P wells were operating as October closed. Of the remaining 23 MODUs, three are stacked in port, including the XL Enhanced 2, which is a new-build; the remaining 20 are either mobilising between drilling locations or working on in-field operations.

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