Aldous ready to be drilled

This article originates from the news archive of Det norske.

5. July 2011

Statoil has as operator of production license 265, today received the Petroleum Safety Authority Norway’s consent for drilling two exploration wells on the prospects Aldous Major and Aldous North. Det norske has a 20 percent share in the license.

Det norske has expectations for the Aldous wells, as there is a chance that the prospects are an extension of Lundin’s major discovery on Avaldsnes in 2010, (read more here, external link), also see the illustration on the right.

There have been several encouraging discoveries in this area in the North Sea.

In PL 265 a promising gas discovery at Ragnarrock was made 2009. In wellbore

Aldous16/2-4 Statoil discovered both oil and gas in the license, in 2007.

The wells 16/2-8 and 16/2-9S are two of four planned wells in the area in 2011, to define the discoveries in both PL 265 and Avaldsnes.

Expected start of the first well is in week 28. The second well will be drilled immediately after. The whole operation is expected to take around 75 days. The wells will be drilled by the semi-submersible drilling rig Transocean Leader.

Licensees in production license 265:
Statoil, the operator     40 percent
Petoro                          30 percent
Det norske                   20 percent
Lundin                         10 percent

About Det norske:
Det norske is the second-largest operating company on the Norwegian Continental Shelf both considering number of operatorships, exploration- and drilling activity. The aggressive exploration program is the largest an independent Norwegian company has ever conducted on the NCS. Det norske runs its activities in a safe and responsible manner in close cooperation with the authorities. Det norske will in 2011 participate in over 10 drilling operations as partner or as operator.

Det norske currently employs a staff of around 200. The company`s registered office is located in Trondheim. The company also has offices in Oslo, Harstad, and Stavanger. Det norske is listed on the Oslo Stock Exchange (DETNOR).