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Petroleum Safety Authority (PSA) Approves Statoil Offshore Oil Well Exploration

Statoil-Hires-Three-Rigs-for-Work-in-Norwegian-Continental-Shelf

Statoil got the green light from the Petroleum Safety Authority (PSA) for an exploration well in the Norwegian Sea with the use of a semi-submersible rig known as the Songa Delta. Built over 30 years ago, it’s capabilities include operating in deep waters, up to 2,300 feet.

PSA reports they will drill for the designated 6407/7-9 S and possible sidetrack wells A and B under Statoil license 107C, valid through 2019. They claim production will begin late June and continue 33 days, pending discovery.

It’s unclear whether they will continue on a suspension rate and drill, as Statoil proclaims to suspend the contract after their consent letter was issued on June 22.
Songa claims the rig to be on suspension from the end of June.

Article written by HEI contributor Marcela Abarca.

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