Transocean Winner (Transocean Offshore Deepwater Drilling Inc.) (Semisub)

'Transocean Winner' drills dry well for RWE DEA Norge AS on PL 330 in Norway

Return to news list

14 October 2013

RWE DEA Norge AS, operator of production licence 330, has completed the drilling of wildcat well 6608/2-1 S. The well was drilled about 60 kilometres east of the Aasta Hansteen field in the Norwegian Sea. The well's primary exploration target was to prove petroleum in Middle Jurassic reservoir rocks (the Fangst group). The secondary exploration target was to prove petroleum in reservoir rocks from the Late Cretaceous (the Shetland group) and the Early Jurassic (the Båt group). The well did not reach the Fangst and Båt groups and no reservoir development was proven in the Shetland group. The well will be classified as dry. Data acquisition and sampling have been carried out. This is the first exploration well in production licence 330. The production licence was awarded in the 18th licensing round in 2004. The well was drilled to a vertical depth of 5574 metres below the sea surface and was terminated in rocks from the Early Cretaceous. Water depth at the site is 303 metres. The well will now be permanently plugged and abandoned. Well 6608/2-1 S was drilled with the Transocean Winner drilling facility, which will now proceed to production licence 203 in the North Sea to complete production wells on the Alvheim field, where Marathon Oil Norge AS is the operator.

Source: http://www.npd.no/en/news/Exploration-drilling-results/2013/66082-1-S/


More News for Operator: Transocean Offshore Deepwater Drilling Inc.

15 May 2015

Shell given approval to plug another Draugen well

The PSA has given AS Norske Shell (“Shell”) consent to use the Transocean Barents mobile drilling facility for plugging and abandonment of production well 6407/9-A-55 on the Draugen field. This is the second well on Draugen that Shell have been given approval to plug during the week, following the PSA’s approval of the plugging of the 6407/9-G-5 H well on the 13th May.

20 May 2015

Eni makes Libya gas discovery

Libya’s National Oil Corporation (“NOC”) today announced that operator Eni North Africa Libya (“Eni”) made an gas and condensate discovery in contract area D (NC41). Eni spudded the A1-01/01 well in January 2015 in the Sabratah Basin and is believed to have used the Transocean Amirante semisub to drill the well. The well is located approximately 140 km from the Libyan coast and 20 km North of Bouri Field, at an average water depth of about 125 m.

21 May 2015

Exxon announces discovery in Guyana

Exxon Mobil Corporation (“Exxon”) today announced a significant oil discovery at the Liza-1 well on the Stabroek Block, located approximately 120 miles offshore Guyana. The well was drilled by ExxonMobil’s affiliate, Esso Exploration and Production Guyana Ltd and encountered more than 295 feet (90 meters) of high-quality oil-bearing sandstone reservoirs. It was safely drilled to 17,825 feet (5,433 meters) in 5,719 feet (1,743 meters) of water. The Stabroek Block covers 6.6 million acres (26,800 square kilometers). “I am encouraged by the results of the first well on the Stabroek Block,” said Stephen M. Greenlee, president of ExxonMobil Exploration Company. “Over the coming months we will work to determine the commercial viability of the discovered resource, as well as evaluate other resource potential on the block.” The well was spud on March 5th, 2015. The well data will be analysed in the coming months to better determine the full resource potential. Esso Exploration and Production Guyana Ltd. holds 45% interest. Hess Guyana Exploration Limited holds 30% interest and CNOOC Nexen Petroleum Guyana Limited holds 25% interest.

22 May 2015

Statoil's Bister prospect disappoints

Statoil Petroleum AS, operator of production licence 348 C, is in the process of completing the drilling of wildcat wells 6407/8-7 and 6407/8-7 A. Both wells have been drilled about four kilometres north of the Hyme field in the southern part of the Norwegian Sea and 140 kilometres north of Kristiansund. The primary exploration target in well 6407/8-7 was to prove petroleum in Middle Jurassic reservoir rocks (the Ile formation). The secondary exploration target was to prove petroleum in Lower Jurassic reservoir rocks (the Tilje and Åre formations). The well encountered about 95 metres of the Ile formation, of which 70 metres were sandstone with good reservoir properties. The Tilje and Åre formations were also encountered, in thicknesses of 200 and 170 metres respectively, of which 160 and 75 metres respectively are sandstone with good reservoir quality. The well is dry. The purpose of well 6407/8-7 A was to prove petroleum in Middle Jurassic reservoir rocks (the Tilje formation) higher up in the structure. The well encountered about 110 metres of reservoir rocks in the Tilje formation, of which 80 metres were sandstone of good reservoir quality. The well also encountered 200 metres of the Åre formation, of which 95 metres were sandstone with good reservoir properties. The well is classified as dry. Data collection has been carried out in both wells. These are the first and second exploration wells in production licence 348 C. Wells 6407/8-7 and 6407/8-7 A were drilled to measured depths of 3030 and 3178 metres, respectively, and vertical depths of 3030 and 2810 metres below the sea surface. Both were terminated in the Åre formation in the Lower Jurassic. Water depth at the site is 259 metres. The wells will now be permanently plugged and abandoned. The wells were drilled by the Transocean Spitsbergen drilling facility, which will now move on to drill wildcat well 6706/11-2 in the Norwegian Sea in production licence 602, where Statoil is the operator.

22 May 2015

Statoil lines up drilling of Gymir prospect

The Norwegian Petroleum Directorate (NPD) has granted Statoil Petroleum AS a drilling permit for well 6706/11-2, cf. Section 8 of the Resource Management Regulations. Well 6706/11-2 will be drilled from the Transocean Spitsbergen drilling facility in position 67°03’56.97”north and 06°32’57.45”east after completing the drilling of wildcat wells 6407/8-7 and 6407/8-7 A for Statoil in production licence 348 C. The drilling program for well 6706/11-2 relates to the drilling of wildcat wells in production licence 602. Statoil Petroleum AS is the operator with an ownership interest of 30 per cent. The other licensees are Centrica Resources AS (20 per cent), Petoro AS (20 per cent), Rocksources Exploration Norway AS (10 per cent), Wintershall Norge AS (10 per cent) and Atlantic Petroleum Norge (10 per cent). The area in this licence consists of part of block 6706/10, block 6706/11 and part of block 6706/12. The well will be drilled about 22 kilometres west of Aasta Hansteen (the Haklang field). Production licence 602 was awarded on 13 May 2011 in the 21st licensing round on the Norwegian shelf. This is the second well to be drilled in the licence. The permit is conditional upon the operator securing all other permits and consents required by other authorities prior to commencing the drilling activity.

26 May 2015

PSA approves Statoil's exploration plan for well 6706/11-2

Statoil has received consent to drill exploration well 6706/11-2 in the Norwegian Sea. Statoil is the operator for production licence 602 in block 6706/11 in the Norwegian Sea. The field is located around 233 kilometres from the nearest mainland at Skomvær in the county of Nordland. Drilling is scheduled to begin in June 2015 and estimated to last 28 days, depending on whether a discovery is made. Drilling will be performed using Transocean Spitsbergen, which is a semi-submersible mobile drilling facility of the Aker H-6e type. The facility was completed in 2009 at the Aker Solutions yard in Stord; it is registered in the Marshall Islands and classified by DNV GL.

26 May 2015

Edison set to spud new exploration well on PL 616

The Norwegian Petroleum Directorate has issued a drilling permit for wellbore 2/11-11 to Edison Norge AS. Wellbore 2/11-11 will be drilled from the Transocean Searcher drilling facility at position 56°12’11.75’’N and 03°23’26.53”E. The drilling program for wellbore 2/11-11 applies to drilling of a wildcat well in production licence 616. Edison Energy Norge AS is the operator with an ownership interest of 25 per cent. The licensees are Noreco Norway AS with 20%, Concedo ASA with 20%, Skagen 44 AS with 15%, North Energy ASA with 15% and Lime Petroleum Norway AS with 5%. Production licence 616 was awarded in 2012 (APA 2011). The area in this production licence is located in the southernmost part of the North Sea and consists of parts of boundary blocks 2/7, 10 and 11. The well will be drilled about 8 km south of the Valhall field. This is the first well to be drilled in the licence. The drilling permit is granted on the condition that all other permits and consents required by other authorities have been secured before the drilling activity commences.

28 May 2015

Statoil given drilling approval from NPD

The Norwegian Petroleum Directorate has granted Statoil Petroleum AS a drilling permit for wells 15/6-13 A and B, cf. Section 8 of the Resource Management Regulations.

29 May 2015

Statoil given approval to drill two exploration wells in PL 029B

The Norwegian Petroleum Directorate has granted Statoil Petroleum AS a drilling permit for wells 15/6-13 A and B, cf. Section 8 of the Resource Management Regulations. Wells 15/6-13 A and B will be drilled from the Songa Trym drilling facility at position 58°36’55.48” north and 01°45’40.58” east near the Gina Krog field in the central part of the North Sea. The drilling programme for well 15/6-13 A and B relates to the drilling of a wildcat well in production licence 029 B. Statoil Petroleum AS is the operator with an ownership interest of 50 per cent. The other licensees are Total E&P Norge AS and Det norske oljeselskap ASA with 30 and 20 per cent each, respectively. The area in this licence consists of a part of block 15/6. Production licence 029 B was awarded on 11 May 2001 after being carved out of 029, which was awarded in the 2nd licensing round in 1969. These are the third and fourth exploration wells to be drilled in the licence, but wildcat wells have been drilled before within the area this licence covers. The permit is contingent upon the operator securing all other permits and consents required by other authorities prior to commencing drilling activities.

9 Jun 2015

Statoil makes minor gas discovery at Gymir prospect

Statoil Petroleum AS, operator of production licence 602, has concluded the drilling of wildcat well 6706/11-2. The well encountered gas. The well was drilled about 20 kilometres west of the Aasta Hansteen field in the northern part of the Norwegian Sea. The objective of the well was to prove petroleum in Upper Cretaceous reservoir rocks (the Nise formation). The well encountered a total gas column of about 70 metres in the Nise formation, of which 40 metres in sandstone with very good reservoir quality. Preliminary estimates place the size of the discovery between one and three billion standard cubic metres (Sm3 ) of recoverable gas. The well was not formation-tested, but extensive data acquisition and sampling have been carried out. The licensees will assess the discovery together with other discoveries in this production licence and the neighbouring licence (218) with regard to development and tie-in to the Aasta Hansteen field. This is the second exploration well in production licence 602. The licence was awarded in the 21st licensing round in 2011. Well 6706/11-2 was drilled to a vertical depth of 2556 metres below the sea surface, and was terminated in the Nise formation in the Upper Cretaceous. Water depth at the site is 1272 metres. The well will now be permanently plugged and abandoned. Well 6706/11-2 was drilled by the Transocean Spitsbergen drilling facility, which will now be laid up at Averøy outside Kristiansund. The rig has completed its Contract with Statoil.

17 Jun 2015

VNG Norge AS set to spud another exploration well on PL586

The Norwegian Petroleum Directorate (NPD) has granted VNG Norge AS a drilling permit for well 6406/12-4 S, cf. Section 8 of the Resource Management Regulations. Well 6406/12-4 S will be drilled from the Transocean Arctic drilling facility in position 64°1'7.47'' north and 6°46'31.28'' east after completing wildcat well 35/12-5 in production licence 378 for Wintershall Norge AS. The drilling programme for well 6406/12-4 S relates to the drilling of a wildcat well in production licence 586. VNG Norge AS is the operator with an ownership interest of 30 per cent. The other licensees are Spike Exploration Holding AS (30 per cent), Faroe Petroleum Norge AS (25 per cent) and Rocksource Exploration Norway AS (15 per cent). The area in this licence consists of part of block 6406/11 and part of block 6406/12. The well will be drilled about 33 kilometres southwest of the Njord field. Production licence 586 was awarded on 4 February 2011 (APA 2010). This is the fourth well to be drilled in the licence. The permit is contingent upon the operator having secured all other permits and consents required by other authorities before the drilling starts.

18 Jun 2015

Wintershall drills duster in Norway

Wintershall Norge AS, operator of production licence 378, is in the process of completing the drilling of wildcat well 35/12-5 S. The well was drilled about 15 km southwest of the Gjøa field in the North Sea and 80 kilometres southwest of Florø. The purpose of the well was to prove petroleum in reservoir rocks from the Upper Jurassic (the Heather, Sognefjord and Fensfjord formations). Well 35/12-5 S encountered about 10 metres of sandstone in the Heather formation, 35 metres of sandstone in the Sognefjord formation and 32 metres of sandstone in the Fensfjord formation, all with good reservoir quality. It also encountered 9 metres of sandstone with poor reservoir quality in the Etive formation. The well is dry. Data acquisition and sampling have been carried out. This is the fifth exploration well in production licence 378. The licence was awarded in APA 2005. Well 35/12-5 S was drilled to a vertical depth of 3369 metres and a measured depth of 3570 metres below the sea surface and was terminated in the Oseberg formation in the Middle Jurassic. Water depth at the site is 353 metres. The well will now be permanently plugged and abandoned. Well 35/12-5 S was drilled by the Transocean Arctic drilling facility, which is now scheduled to drill wildcat well 6406/12-4 S in production licence 586 in the Norwegian Sea, operated by VNG Norge AS.

22 Jun 2015

Haribo prospect spudded in Norway

Noreco Norway AS (“Noreco”) has announced that the drilling of the Haribo prospect in Norwegian licence PL616 has started. Noreco holds a 20% interest in the licence. The Haribo well (2/11-11) is being drilled by the Transocean Searcher semisub. The drilling period is expected to take approximately 45 days. The Haribo prospect is located 10 km south west of the Valhall Field in the Norwegian part of the North Sea. The predicted reservoir is chalk of Upper Cretaceous age in a depth of about 2900 meter. Noreco Norway estimates the prospect to contain 69 to 192 million barrels of oil gross on licence PL616 with a 42 per cent chance of success. These volume and risk estimates are in line with what Noreco has previously communicated to the market.

23 Jun 2015

Transocean scraps two more floaters and delays more newbuilds

Transocean Ltd (“Transocean”) today issued its updated fleet summary report, with the company announcing its plan to retire a further two floating rigs from its operational fleet as well as delay the delivery of two newbuild drillships. Transocean has classified both the GSF Celtic Sea and Transocean Amirante units as being held for sale, with the GSF Celtic Sea being either sold for use in a non-drilling capacity or recycled, whilst the Transocean Amirante will be recycled. Transocean has been the most active scrapper of rigs thus far in 2015 and has indicated its intent to scrap a total of 20 floaters. Meanwhile the company also announced its plan to delay the delivery of its two newbuild drillships currently under construction at the Jurong Shipyard in Singapore. Transocean has delayed the delivery of each unit by 24 months, with delivery now expected in Q2 2019 and Q1 2020. This follows Transocean’s recent trend of delaying newbuild assets, the company recently delayed delivery of its five newbuild jackup rigs.

23 Jun 2015

VNG Norge AS spuds Boomerang prospect

VNG Norge has now started the operation of the first of two new explorations wells in PL586, the licence where the Pil & Bue discoveries were made in 2014. VNG Norge took over the rig Transocean Arctic late on Friday 19th June after the rig had completed the drilling operation at Crossbill prospect for the operator Wintershall. After having sailed 190 nautical miles from Crossbill in the North Sea, Transocean Arctic arrived on location in the Norwegian Sea Sunday 21st June. The rig was towed and escorted by the anchor handlers Boa Bison and Havila Mars, which together with Siem Opal, finished the anchor operations.The main well 6406/12-4 S, was spudded today Monday 22nd June at 11:45 p.m. After the main well, a sidetrack - 6406/12-4, is to be drilled. Expected duration of the drilling operation is between 85 and 135 days. The wells will be permanently plugged and abandoned before Transocean Artic is moved to a new location within the same licence for drilling a second exploration well in PL586.

30 Jun 2015

Songa Offshore takes delivery of first Cat-D semisub

Songa Offshore has today taken delivery of Songa Equinox from Daewoo Shipbuilding & Marine Engineering (“DSME”) in South Korea. The Songa Equinox will shortly depart South Korea enroute to Norway for commencement of an eight-year drilling contract with Statoil, with its first assignment on the Troll Field on the Norwegian continental shelf. The voyage to Norway will take place in a tow-assist mode and the rig will arrive with all third party equipment installed and ready for final acceptance testing. Commencement of drilling operations is expected to take place in Q4 2015. Songa Equinox is a sixth generation, high specification, harsh environment, midwater rig designed for efficient year around drilling, completion, testing and intervention operations in water depths up to 500 meters. The rig is certified DP3 and is equipped with a "state-of-the-art" drill-floor and an efficient layout with improved safety and working environment features. Songa Equinox is the first rig in a series of four Category D rigs specifically built for and contracted to Statoil.

1 Jul 2015

Statoil makes minor discovery near Gina Krog

Statoil Petroleum AS, operator of the Gina Krog Unit, has completed the drilling of wildcat well 15/6-13 and appraisal wells 15/6-13 A and 15/6-13 B. The wells were drilled about 250 kilometres west of Stavanger and directly northeast of the Gina Krog field. The objective of well 15/6-13 was to prove commercial petroleum volumes in Middle Jurassic reservoir rocks (the Hugin formation), acquire sufficient data to avoid further delineation, investigate the size of the discovery, the properties and continuity of the reservoir rocks, as well as determine the petroleum properties. The objective of sidetracks 15/6-13 A and 15/6-13 B was to delineate the discovery as regards the likelihood of deeper oil and shallower gas on the structure. 15/6-13 has two separate oil columns, 13 and 3 metres of which are in sandstone with moderate to good reservoir properties in the Hugin formation and upper part of the Sleipner formation. The oil/water contact was not encountered. 15/6-13 A encountered seven and nine metres of sandstone with moderate reservoir quality in the Hugin and Sleipner formations, both aquiferous. The aquiferous sandstone in the Hugin formation is presumed to be in pressure communication with the oil zone in 15/6-13. 15/6-13 B shows an overall gas column of about 60 metres, of which 7 metres are in sandstone with moderate reservoir quality in the Hugin formation and 26 metres in sandstone with moderate reservoir properties in the Sleipner formation. The underlying sandstone in the Skagerrak formation is tight and aquiferous. For the discovery as a whole, the overall oil and gas column totals about 300 metres, 150 metres for each. Preliminary calculations of the size of the discovery are between one and two million standard cubic meters (Sm3) of recoverable oil equivalents in the Hugin formation, whereas calculations of any additional volumes from the Sleipner formation will require additional assessment for further clarification. None of the wells were formation-tested, but comprehensive data collection and sampling was conducted. The licensees in the Gina Krog Unit will assess the discovery further with a view toward possible development and tieback to the Gina Krog field. Wells 15/6-13, 15/6-13 A and 15/6-13 B were drilled to a measured depth of 3577, 3925 and 3773 metres, respectively, and vertical depths of 3552, 3716 and 3447 metres below the sea surface. They were all terminated in the Skagerrak formation in the Upper Triassic. The wells have been permanently plugged and abandoned. Water depth at the site is 114 metres. The wells were drilled by the Songa Trym drilling facility, which will now move on to drill another Statoil-operated well on the UK shelf.

15 Jul 2015

Songa receives notice of arbitration from Daewoo

Songa Offshore SE (“Songa”) has announced that Daewoo Shipbuilding and Marine Engineering Co. Ltd. (“DSME”) has delivered notices of arbitration in respect of the construction contracts for Songa’s Cat D semisub rigs. No details regarding the dispute have been included in the notices by DSME. As informed by Songa in its first quarter 2015 interim financial report, DSME has experienced significant delays and cost overruns during the Cat D project. Irrespective of that, the Songa continues to be of the view that any attempt to recover cost overruns is of no merit and will defend its position vigorously.

21 Jul 2015

Dry well at Haribo prospect in Norway

The Haribo exploration well has been drilled to total depth without encountering hydrocarbons. The well will now be plugged and abandoned. Noreco Norway AS (“Noreco Norway”), part of Norwegian Energy Company ASA group, holds a 20% interest in the licence. Spudded on 21st June 2015 the well was drilled by the semi-submersible drilling rig Transocean Searcher on the Haribo prospect, which is located 10 km south west of the Valhall Field in the Norwegian part of the North Sea. The partners in Licence PL616 include Edison Norge (operator with 25%), Noreco Norway (20%), Concedo (20%), Lime Petroleum Norway (15%), North Energy (15%) and Skagen 44 (5%).

24 Jul 2015

NPD confirm Haribo prospect dry well

Edison Norge AS, operator of production licence (PL) 616, is in the process of completing the drilling of wildcat well 2/11-11. The well was drilled about seven kilometres southwest of the Valhall field and about five kilometres west of the Hod field in the North Sea. The primary exploration target for the well was to prove petroleum in Upper Cretaceous chalk rocks (the Hod formation). Well 2/11-11 encountered about 330 metres of reservoir rocks in the Hod formation with poor reservoir quality. The well is dry. Data acquisition and sampling have been carried out. This is the first exploration well in production licence 616. The licence was awarded in APA 2011. Well 2/11-11 was drilled to a vertical depth of 3388 metres below the sea surface and was terminated in the Hidra formation (Upper Cretaceous). Water depth at the site is 68 metres. The well will now be permanently plugged and abandoned. Well 2/11-11 was drilled by the Transocean Searcher drilling facility, which will now be laid up.

12 Aug 2015

Statoil set to spud new wildcat well in Norway

The Norwegian Petroleum Directorate (NPD) has granted Statoil Petroleum AS a drilling permit for well 16/7-11, cf. Section 8 of the Resource Management Regulations. Well 16/7-11 will be drilled from the Songa Trym drilling facility in position 58°22’52.98’’ north 02°04’05.00’’ east. The drilling programme for well 16/7-11 relates to the drilling of a wildcat well in production licence 072 B. Statoil is the operator with a 50 per cent ownership interest. The other licensee is ExxonMobil Exploration & Production Norway AS with 50 per cent. The area in this licence consists of parts of block 16/7. The well will be drilled east of the Sleipner Øst field in the central sector of the North Sea. Production licence 072 B was awarded on 24 September 2001. This is the second exploration well to be drilled in the licence. The permit is contingent on the operator securing all other permits and consents required by other authorities prior to commencing the drilling activity.

17 Aug 2015

VNG lines up spudding of new exploration well at PL586

The Norwegian Petroleum Directorate (NPD) has issued a drilling permit to VNG Norge AS for well 6406/12-4 A, cf. Section 8 of the Resource Management Regulations. Well 6406/12-4 A will be drilled from the Transocean Arctic drilling facility in position 64°1’7.48” north and 6°46’31.29” east after drilling wildcat well 6406/12-4 S in production licence 586. The drilling programme for well 6406/12-4 A relates to the drilling of a wildcat well in production licence 586. VNG Norge AS is the operator with an ownership interest of 30 per cent. The other licensees are Spike Exploration Holding AS (30 per cent), Faroe Petroleum Norge AS (25 per cent) and Rocksource Exploration Norway AS (15 per cent). The area in this permit consists of part of block 6406/11 and part of block 6406/12. The well will be drilled about 33 km south-west of the Njord field. Production licence 586 was awarded on 4 February 2011 (APA 2010). This is the fifth exploration well to be drilled in the licence. The permit is contingent on the operator securing all other permits and consents required by other authorities prior to commencing the drilling activity.

24 Aug 2015

'Songa Endurance' semisub is delivered by DSME

Songa Offshore SE (“Songa”) has today taken delivery of the Songa Endurance semisub from Daewoo Shipbuilding & Marine Engineering (“DSME”) in South Korea. Songa Endurance will shortly depart South Korea enroute to Norway for commencement of an eight-year drilling contract with Statoil, with first assignment on the Troll Field on the Norwegian continental shelf. The voyage to Norway will take place with tow-assist and the rig will arrive with all third party equipment installed and ready for final acceptance testing. Commencement of drilling operations is expected to take place around year-end. Songa Endurance is a sixth generation, high specification, harsh environment, midwater rig designed for efficient year around drilling, completion, testing and intervention operations in water depths up to 500 meters. The rig is certified DP3 and is equipped with a "state-of-the-art" drill-floor and an efficient layout with improved safety and working environment features. Songa Endurance is the second rig in a series of four Category D rigs specifically built for and contracted to Statoil.

26 Aug 2015

Shell set for drilling at Portrush prospect

The Norwegian Petroleum Directorate has granted A/S Norske Shell a drilling permit for well 6407/10-5 S, cf. Section 8 of the Resource Management Regulations. Well 6407/10-5 will be drilled from the Transocean Barents drilling facility in position 64°12’41.7” north and 7°16’34.25” east. The drilling programme for well 6407/10-5 relates to the drilling of a wildcat well in production licence 793. A/S Norske Shell is the operator with an ownership interest of 40 per cent. The other licensees are Petoro AS (20 per cent), VNG Norge AS (20 per cent) and Faroe Petroleum Norge AS (20 per cent). The area in this licence consists of parts of the blocks 6407/7, 8, 10, 11. The well is drilled about five kilometres southeast of the Njord field and about 25 kilometres southwest of Draugen. Production licence 793 was awarded on 6 February 2015 in APA 2014 on the Norwegian shelf. This is the first well to be drilled in the licence. The permit is contingent upon the operator having secured all other permits and consents required by other authorities before the drilling starts.

27 Aug 2015

Statoil set to spud wildcat in PL 169

The Norwegian Petroleum Directorate has granted Statoil Petroleum AS a drilling permit for well 25/11-28, cf. Section 8 of the Resource Management Regulations. Well 25/11-28 will be drilled from the drilling facility Songa Trym in position 59°00’31.1’’ north 02°21’59.3’’ east. The drilling program for well 25/11-28 concerns the drilling of a wildcat well in production licence 169. Statoil is the operator with an ownership interest of 57 per cent. The other licensees are Petoro AS with 30 per cent and ExxonMobil & Production Norway AS with 13 per cent. The area in this licence consists of parts of the blocks 25/8, and 25/11. The well is being drilled south of the Grane field in the central part of the North Sea. Production licence 169 awarded on 1 March 1991 (13th licensing round). This is the 15th wildcat well to be drilled in the license. The permit is contingent upon the operator having secured all other permits and consents required by other authorities before the drilling starts.

31 Aug 2015

Statoil comes up dry at Knappen prospect

Statoil Petroleum AS, operator of production licence 72 B, is in the process of completing the drilling of wildcat well 16/7-11 on behalf of production licences 72 B, 72 D and 72 E. The well was drilled approximately 10 kilometres east of the Sleipner A platform in the central part of the North Sea and 220 kilometres west of Stavanger. The purpose of the well was to prove petroleum in Upper Trias reservoir rocks (the Skagerrak formation). The well was drilled 97 metres into the Skagerrak formation, about 50 metres of which was in thin sandstone layers with moderate to good reservoir quality. The well is dry. Data acquisition has been carried out. This is the second exploration well in production licence 72 B. Well 16/7-11 was drilled to a vertical depth of 2,625 metres below sea level and was terminated in the Skagerrak formation. The water depth at the site is 81 metres. The well will now be permanently plugged and abandoned. The well was drilled by the drilling facility Songa Trym, which will now drill wildcat well 25/11-28 in the central part of the North Sea in production licence 169, where Statoil is the operator.

4 Sep 2015

Statoil concludes drilling at PL 104

Statoil Petroleum AS, operator of production licence 104, has concluded the drilling of wildcat well 30/9-27 S. The well was drilled around 7 kilometres west of the Oseberg Sør-field in the northern part of the North Sea, 150 kilometres west of Bergen. The purpose of the well was to prove petroleum in Middle Jurassic reservoir rocks (the Tarbert Formation). The well encountered a 34-metre oil column in sandstone with moderate to good reservoir quality. The oil/water contact was encountered 3,242 metres below sea level. Preliminary estimates of the size of the discovery range between one and two million standard cubic metres (Sm3) of recoverable oil equivalents. The discovery will be developed together with the Oseberg Delta 2 project, which is under development, and the licensees are assessing a production well in the structure encountered by wildcat well 30/9-27 S. Data acquisition has been carried out. This is the 26th exploration well drilled in production licence 104. The licence was awarded in the ninth licensing round. The well was drilled to a measured and vertical depth of 3,989 and 3,353 metres, respectively, below the sea surface and was terminated in Middle Jurassic rocks (the Ness Formation). The water depth at the site is 103 metres. The well has been permanently plugged and abandoned. Well 30/9-27 S was drilled by the drilling facility Songa Delta, which will now drill development well 30/9-O-2 H in production licence 104, where Statoil Petroleum AS is the operator.

14 Sep 2015

Shell comes up dry in Norway at PL 793

A/S Norske Shell, operator of production licence 793, is in the process of completing the drilling of wildcat well 6407/10-5. The well has been drilled about 20 kilometres southwest of the Draugen field, less than 10 kilometres southeast of the Njord field in the southern section of the Norwegian Sea and about 100 kilometres north of Kristiansund. The purpose of the well was to prove petroleum in reservoir rock from the Upper Jurassic (the Rogn Formation). The well was drilled 330 metres into the Rogn Formation, of which 134 metres were sandstone of moderate to good reservoir quality. The well is dry. Data acquistion has been carried out from the well. This is the first exploration well in production licence 793 awarded in APA 2015. The well was drilled to a vertical depth of 2850 metres below the sea surface and terminated in the Rogn Formation in Upper Jurassic. The water depth at the site is 336 metres. The well will now be permanently plugged and abandoned. The well was drilled by the drilling facility Transocean Barents.

17 Sep 2015

VNG makes minor oil discovery in PL 586

VNG Norge AS, operator of production licence 586, is in the process of completing the drilling of wildcat wells 6406/12-4 S and 6406/12-4 A. Well 6406/12-4 S was drilled approx. 33 kilometres southwest of the Njord field in the southern part of the Norwegian Sea and approx. 1.7 kilometres southeast of discovery well 6406/12-3 S (Pil). The primary exploration target of well 6406/12-4 S was to prove petroleum in Upper Jurassic sandstones in a southwestern segment, which is adjacent to the 6406/12-3 S discovery (Pil). The well encountered an approx. 590 metre thick unit of Upper Jurassic rocks, 20 metres of which of are sandstone (the Rogn formation) with good reservoir quality. Preliminary estimates of the size of the discovery range between two and five million standard cubic metres (Sm3) of recoverable oil equivalents. The licensees will consider the discovery in conjunction with other nearby discoveries as regards a possible future development. The secondary exploration target was to prove petroleum in Upper Jurassic rocks (sandstone in the Intra Melke formation), the extent, thickness and properties of the reservoir rocks, as well as depth to hydrocarbon contacts. The well encountered 368 metres of sandstone in the Intra Melke formation of varying quality and with traces of oil. The objective of well 6406/12-4 A was to prove petroleum in Upper Jurassic reservoir rocks (sandstone in the Intra Spekk and Intra Melke formations) in a southern segment adjacent to the 6406/12-3 S discovery (Pil). Well 6406/12-4 A encountered about 20 metres of Intra Spekk sandstone and 515 metres of reservoir rocks in the Intra Melke formation, both with poor reservoir properties. The reservoir contains only traces of hydrocarbons. The well was classified as dry. Extensive data acquisition and sampling have been carried out. These are the fourth and fifth wells to be drilled in production licence 586, which was awarded in APA 2010. 6406/12-4 S was drilled to measured and vertical depths of 4318 and 3832 metres below sea level respectively, and was terminated in the Melke formation in the Upper Jurassic. 6406/12-4 A was drilled to measured and vertical depths of 4058 and 3799 metres below sea level respectively, and was terminated in the Melke formation in the Jurassic. Water depth at the site is 319 metres. The wells will now be permanently plugged and abandoned. Wells 6406/12-4 S and A were drilled by the drilling facility Transocean Arctic which now will drill 6406/12-5 S in a northern segment adjacent to the discovery 6406/12-3 S (Pil).

23 Sep 2015

Blink exploration well commences drilling in the Norwegian Sea

Faroe Petroleum, the independent oil and gas company focusing principally on exploration, appraisal and production opportunities in Norway and the UK, is pleased to announce the commencement of the second Pil/Bue follow-up well with the spudding of exploration well 6406/12-5 S (Faroe 25%) on the Blink prospect. The Blink prospect is located in the Norwegian Sea in Licence PL586, which also contains the significant Pil and Bue discoveries (announced in 2014). The licence is located in proximity to the producing Njord field (Faroe 7.5%). The drilling programme will target the Upper Jurassic reservoirs analogous to the Pil, Bue and Draugen field reservoirs. This well follows on directly from the Boomerang well which encountered a 26 metre gross Upper Jurassic intra-Spekk/Rogn sandstone containing estimated recoverable resources of between 13 and 31 million barrels of oil equivalent. The Blink exploration well, located in water depth of approximately 360 metres, is operated by VNG Norge AS (30%) using the Transocean Arctic semi-submersible drilling rig with partners Spike Exploration AS (30%) and Pure E&P Norway AS (15%) and the results will be announced when drilling operations are complete.

28 Sep 2015

Shell suspends Alaskan exploration plan

Shell today provided an update on the Burger J exploration well, located in Alaska’s Chukchi Sea. The Burger J well is approximately 150 miles from Barrow, Alaska, in about 150 feet of water. Shell safely drilled the well to a total depth of 6,800 feet this summer in a basin that demonstrates many of the key attributes of a major petroleum basin. For an area equivalent to half the size of the Gulf of Mexico, this basin remains substantially under-explored. Shell has found indications of oil and gas in the Burger J well, but these are not sufficient to warrant further exploration in the Burger prospect. The well will be sealed and abandoned in accordance with U.S. regulations. Shell will now cease further exploration activity in offshore Alaska for the foreseeable future. This decision reflects both the Burger J well result, the high costs associated with the project, and the challenging and unpredictable federal regulatory environment in offshore Alaska. Whether the cessation of drilling activities means that both the Polar Pioneer and Noble Discoverer rigs will be released from their current contracts is not yet clear.

1 Oct 2015

Statoil comes up dry with latest wildcat in Norway

Statoil Petroleum AS, operator of production licence 169, has concluded the drilling of wildcat well 25/11-28. The well is dry. The well was drilled 13 kilometres south of the Grane field in the North Sea. The objective of the well was to prove petroleum in Upper Jurassic reservoir rocks (the Draupne formation) and in the Permian (the Rotliegend group). The well encountered 22 metres of sandstone in the Upper Jurassic, of which 7.5 metres is of good reservoir quality. Reservoir rocks were not proven in the Permian. The well is dry. Extensive data acquisition and sampling have been carried out. This is the 15th exploration well in production licence 169. The well was drilled to a vertical depth of 2563 metres below the sea surface, and was terminated in basement rock. Water depth at the site is 118 metres. The well will now be permanently plugged and abandoned. The well was drilled by the Songa Trym drilling facility, which will now drill wildcat well 34/8-16 S in production licence 120 in the northern North Sea, where Statoil Petroleum AS is the operator.

8 Oct 2015

Lundin receives consent for exploration drilling in the Barents Sea

Lundin Norway AS (Lundin) is the operator for production licence 708 and has received consent to drill exploration well 7130/4-1 in the Barents Sea. Drilling is scheduled to begin in November 2015 and estimated to last 56 days, depending on whether a discovery is made. Drilling is to be carried out using Transocean Arctic, a semi-submersible drilling facility owned and operated by Transocean. It was built by Mitsubishi Heavy Industries in Japan in 1987, and substantially upgraded in 2004. It was issued with an Acknowledgement of Compliance (AoC) by the PSA in July 2004. The PSA has now granted Lundin consent for exploration drilling.

14 Oct 2015

Lukoil announces new discovery in Romania

PJSC LUKOIL (“Lukoil) has announced the completion of drilling operations at the Lira-1X exploration well location and the discovery of a gas field in the Lira offshore structure, which is located at the Trident block (EX-30) in the deep-sea Romanian offshore. Exploration on the EX-30 block is conducted by LUKOIL Overseas Atash BV (100-% subsidiary of Lukoil) within the framework of the Concession Agreement with the Government of Romania of 2011. Currently Lukoil’s share in the project is 72%, while PanAtlantic Petroleum Ltd owns 18% and Societatea Nationale de Gaze Naturale Romgaz SA owns 10%. The Lira-1X well is located at a distance of about 170 km (90 miles) from the coast, where the depth of the sea is about 700 meters. The well was drilled to a depth of 2,700 meters (8,858 feet) from the semisub drilling rig Development Driller II. The well was temporarily abandoned for further evaluation of the Lira gas discovery. According to preliminary results of the analysis of drilling data and geophysical exploration, the Lira-1X delivered a productive interval with an effective gas-saturated thickness of 46 meters. The success of the Lira-1X well will reduce the risk for further exploration on a series of prospective sites with significant potential reserves, located both close to the Lira structure and in other parts of the block. The program of future works planned for 2016 includes drilling an exploration well at the Lira and the reprocessing of seismic data to confirm the size of the discovery and precise assessment of its potential hydrocarbon reserves.

2 Nov 2015

Cancellation of the Songa Trym drilling contract

Songa Offshore SE (the "Company") has received a notice of cancellation of the drilling contract with Statoil for Songa Trym when the current well, Tarvos, is completed around 12 November 2015. The Company will receive a contractual cancellation fee based on the current full day rate of USD 377,000 and the contractual end date early March 2016. The rig will after the Tarvos well be stacked while marketed for new employment.

26 Oct 2015

Transocean Ltd. Announces Ultra-Deepwater Drillship Delivery Delays For Deepwater Pontus, Deepwater Poseidon

Transocean Ltd. (NYSE: RIG) (SIX: RIGN) announced today a mutual agreement with its customer, Shell EP Wells Equipment Wells Services B.V. (Shell), and the shipyard, Daewoo Shipbuilding & Marine Engineering Co. (DSME), to delay the operating and delivery contracts of two newbuild ultra-deepwater drillships - the Deepwater Pontus and the Deepwater Poseidon - by 12 months each. The delay has no impact on the duration or dayrate of the original 10-year operating contracts for each of the two newbuild ultra-deepwater drillships. Parties will be compensated for the postponement. The specific terms are not disclosed. The delivery and operating agreements for Shell's two other contracted Transocean newbuild, ultra-deepwater drillships, the Deepwater Thalassa and Deepwater Proteus, are not impacted by this agreement. "We are pleased that the strength of our relationships with both Shell and DSME has enabled us to reach this mutual agreement," said Transocean President and Chief Executive Officer Jeremy Thigpen. "We are excited by the progress that we have jointly made with Shell on all four high-specification, ultra-deepwater drillships, including the Deepwater Thalassa, which was delivered this September, and the Deepwater Proteus, which is scheduled for delivery this December."

3 Nov 2015

Blink well results

Faroe Petroleum, the independent oil and gas company focusing principally on exploration, appraisal and production opportunities in Norway and the UK, announces the results of the Blink exploration well in the Norwegian Sea (Faroe 25%). The objective of well 6406/12-5 S was to test the hydrocarbon potential of the Upper Jurassic reservoirs analogous to the Pil, Bue, Boomerang and Draugen field reservoirs. The well encountered a 557 metre gross section of Upper Jurassic sandstone following a technical sidetrack (6406/12-5 S T2). The well reached a total vertical depth of 3,710 metres below sea level and preliminary analysis from wireline logs, pressure and fluid sampling shows that the well encountered clean water-wet sandstones with good reservoir properties but with no indications of hydrocarbons. The 6406/12-5 S (Blink) well was drilled on the Halten Terrace, approximately 27 kilometres south west of the Njord field and five kilometres north east of the Pil discovery well. Well 6406/12-5 S followed on directly from the Boomerang exploration well which encountered a 26 metre gross Upper Jurassic intra-Spekk/Rogn sandstone containing estimated recoverable resources of between 13 and 31 million barrels of oil equivalent. Graham Stewart, Chief Executive of Faroe Petroleum commented: “Whilst the results of the Blink well, the last in this year’s campaign, are disappointing we look forward to advancing the options for monetising the significant combined Pil, Bue and Boomerang discoveries, on which the Blink well result has no bearing. “The Company continues to perform very well despite continuing low oil prices, with low operating costs, a good cash position and strong production rates. Faroe’s consistent strategic focus and prudent approach to financial management have ensured that we have a strong balance sheet and are well placed to progress our portfolio work programme and take advantage of further good quality emerging opportunities.”

10 Nov 2015

Dry well near the Njord field in the Norwegian Sea – 6406/12-5 S

VNG Norge AS, operator of production licence 586, is in the process of completing the drilling of wildcat well 6406/12-5 S. The well has been drilled about 33 kilometres southwest of the Njord field and about five kilometres southeast of the 6406/12-3 S (Pil) discovery in the Norwegian Sea. The purpose of the well was to prove petroleum in reservoir rocks from the Upper Jurassic (the Rogn and Melke formations). The well encountered about 12 metres of sandstone in the Rogn formation with moderate reservoir quality. The well also encountered 31 metres of sandstone in intra Spekk formation and 182 meters of sandstone in the Melke formation, both with moderate reservoir quality. The reservoir only has traces of oil. The well is classified as dry. Data acquisition and sampling have been carried out. This is the sixth exploration well in production licence 586. The licence was awarded in APA 2010. Well 6406/12-5 S was drilled to a vertical depth of 3710 metres and a measured depth of 4297 metres below the sea surface and was terminated in the Melke formation in the Upper Jurassic. The water depth at the site is 336 metres. The well will now be permanently plugged and abandoned. Well 6406/12-5 S was drilled by the Transocean Arctic drilling facility, which now will drill wildcat well 7130/4-1 in production licence 708 in the Barents Sea, where Lundin Norway AS is the operator.

13 Nov 2015

Drilling permit for well 7130/4-1 in production licence 708

The Norwegian Petroleum Directorate has granted Lundin Norway AS a drilling permit for well 7130/4-1, cf. Section 8 of the Resource Management Regulations. Well 7130/4-1 will be drilled from the Transocean Arctic drilling facility in position 71°31’55.66? north and 30°10’07.90? east, after completing the drilling of wildcat well 6406/12-5 S in production licence 586 for VNG Norge AS. The drilling programme for well 7130/4-1 relates to the drilling of an exploration well in production licence 708 where Lundin Norway AS is the operator with an ownership interest of 40 per cent. The other licensees are Lukoil Overseas North Shelf AS (20 per cent), Edison Norge AS (20 per cent), Lime Petroleum Norway AS (10 per cent) and Pure E&P Norway AS (10 per cent). The area in this licence consists of block 7130/7 and the southern half of block 7130/4. The well will be drilled about 85 kilometres north of Berlevåg in Finnmark. Production licence 708 was awarded on 21 June 2013 (22nd licensing round). This is the first well to be drilled in the licence. The permit is contingent on the operator securing all other permits and consents required by other authorities prior to commencing the drilling activity.

13 Nov 2015

Drilling permit for well 7130/4-1 in production licence 708

The Norwegian Petroleum Directorate has granted Lundin Norway AS a drilling permit for well 7130/4-1, cf. Section 8 of the Resource Management Regulations. Well 7130/4-1 will be drilled from the Transocean Arctic drilling facility in position 71°31’55.66? north and 30°10’07.90? east, after completing the drilling of wildcat well 6406/12-5 S in production licence 586 for VNG Norge AS. The drilling programme for well 7130/4-1 relates to the drilling of an exploration well in production licence 708 where Lundin Norway AS is the operator with an ownership interest of 40 per cent. The other licensees are Lukoil Overseas North Shelf AS (20 per cent), Edison Norge AS (20 per cent), Lime Petroleum Norway AS (10 per cent) and Pure E&P Norway AS (10 per cent). The area in this licence consists of block 7130/7 and the southern half of block 7130/4. The well will be drilled about 85 kilometres north of Berlevåg in Finnmark. Production licence 708 was awarded on 21 June 2013 (22nd licensing round). This is the first well to be drilled in the licence. The permit is contingent on the operator securing all other permits and consents required by other authorities prior to commencing the drilling activity.

20 Nov 2015

Minor gas/oil/condensate discovery near the Visund field in the North Sea – 34/8-16 S

Statoil Petroleum AS, operator of production licence 120, has completed drilling of exploration well 34/8-16 S. The well was drilled on the east flank of the Visund field in the northern part of the North Sea, and about 140 km northwest of Bergen. The primary exploration target for 34/8-16 S was to prove gas and/or gas condensate in the Middle Triassic (the Lomvi formation). The secondary exploration target was to investigate additional resources in Lower to Middle Jurassic reservoir rocks (the Statfjord and Brent Group) and Upper Triassic reservoir rocks (the Lunde formation). The well encountered an oil/gas/condensate column of about 85 metres in the Lunde formation, 40 metres of which were of moderate to good reservoir quality. The Brent group is not present. Preliminary calculations of the size of the discovery are between 0.4 and 1.1 million Sm³ of recoverable oil equivalents. The licensees will consider further development of the discovery in the context of other potential additional resources. The well was not formation tested, but comprehensive data collection and sampling were carried out. This is the 26th exploration well drilled in production licence 120. Well 34/8-16 S was drilled to a vertical and measured depth of 3875 and 3830 metres below sea level, respectively, and was terminated in the Hegre group in the Triassic. The water depth at the site is 380 metres. The well will now be permanently plugged and abandoned. The well was drilled by the Songa Trym drilling facility.

24 Nov 2015

Lundin Petroleum spuds exploration well on the Ørnen prospect in the Barents Sea South

Lundin Petroleum AB (Lundin Petroleum) is pleased to announce that its wholly owned subsidiary Lundin Norway AS (Lundin Norway) has commenced drilling of exploration well 7130/4-1 on the Ørnen prospect. The well 7130/4-1 will explore the Ørnen prospect in PL708, located on the eastern parts of the Finnmark Platform in the southern Barents Sea. The reservoir is expected to consist of Upper Permian carbonates. The Ørnen prospect is estimated to contain gross unrisked prospective resources of 354 million barrels of oil equivalents (MMboe). The planned total depth is approximately 2,630 metres below mean sea level and the well will be drilled with the semi-submersible drilling unit Transocean Artic. The drilling operation is expected to take approximately 60 days. Lundin Norway is the operator of PL708 with a 40 percent working interest. The partners are Edison Norge with 20 percent, Lukoil Overseas North Shelf with 20 percent, Lime Petroleum Norway with 10 percent and North Energy with 10 percent.

30 Nov 2015

Rig contract to Transocean

Det norske oljeselskap ASA has on behalf of the partnerships in PL 203 (Alvheim) and PL 150 (Volund) awarded an agreement to Transocean Offshore (North Sea) Ltd NUF for the lease of the semi-submersible drilling rig Transocean Arctic. The contract scope for drilling of four wells in the Alvheim area (estimated to 250 days (has a market value of approximately USD 44.75 million exclusive options. The contract has its commencement window during December 2016 and involves the drilling of one exploration well (West Volund in license 150B) and three production wells (two wells in license 150 and one in license 203 / 088BS respectively). The award is for a traditional well contract based on a daily rate and with several flexible options built into the agreement. The Transocean Arctic is a harsh environment midwater semi-submersible drilling rig also certified for drilling wells in the Barents Sea and under HPHT (high pressure and high temperature) conditions.

2 Dec 2015

Songa Offshore has received the PSA's Acknowledgement of Compliance (AoC) for Songa Equinox

t is the PSA's assessment that petroleum activities may be carried out using the Songa Equinox facility within the regulatory framework. The validity of the Acknowledgement of Compliance assumes that Songa Offshore ensures that the facility and relevant parts of the company’s organisation and management systems are maintained, to fulfil the terms and conditions set out in the PSA’s decision.

7 Dec 2015

Transocean Ltd. Announces Two Year Contract For The Henry Goodrich

Transocean Ltd. announced today that the harsh-environment semisubmersible Henry Goodrich was awarded a two year contract with Husky Oil Operations Limited offshore Canada at a dayrate of $275,000. The estimated contract backlog excluding mobilization is $200 million. The rig is expected to commence operations in the second quarter of 2016. As of December 6, 2015, the company's contract backlog is approximately $16.8 billion.

7 Dec 2015

Songa Equinox commencement of drilling contract

Songa Equinox has today commenced drilling operations under its eight-year drilling contract with Statoil at the Troll Field on the Norwegian continental shelf, and the rig is now on operating rate. Songa Equinox is the first rig in a series of four Category D semi-submersible drilling rigs, specifically built for and contracted to Statoil. "The start of drilling operations for Songa Equinox is another milestone in the Cat D project. Our organization is looking forward to working collaboratively with Statoil over the next eight years", says Songa Offshore's CEO, Bjørnar Iversen.

7 Dec 2015

Consent to use Songa Equinox on the Troll field

The PSA has given Statoil consent to use the Songa Equinox mobile drilling facility for drilling and completion of wells on the Troll field in production licences 054 and 085. Songa Equinox is a semi-submersible drilling facility and the first of four Cat D rigs that Songa is building for Statoil. Songa Equinox received an Acknowledgement of Compliance (AoC) from the PSA in November 2015. The Troll field is located around 65 kilometres west of Kollsnes in Hordaland County and is the largest gas discovery made in the North Sea. The Petroleum Safety Authority Norway has now granted consent to use Songa Equinox on the Troll field in accordance with Statoil's application.

14 Dec 2015

Rig Contract Signed – Funding Secured for Skipper Drilling in the New Year

Independent Oil and Gas plc ("IOG" or the “Company”), the North Sea focused oil and gas company, is pleased to announce it has signed a Rig Contract with Transocean Drilling U.K. Limited (“Transocean”) to procure the Transocean John Shaw semi-submersible rig to drill the Company’s fully funded appraisal well on the Skipper oil discovery in Block 9/21a in the Northern North Sea in licence P1609. IOG anticipates that the rig will commence drilling operations at Skipper in late January or early February 2016 with the objective of retrieving good quality reservoir condition oil samples in order to design the optimum field development plan for the Skipper field. The rig will drill a vertical well to 5,600ft which is expected to take approximately 25 days. Skipper is an offshore heavy oil field located in the Northern North Sea with independently verified gross 2C resources of 26.2 MMBbls. IOG management estimates that Skipper has 34.1 MMBbls of recoverable oil based on a recovery factor of 25%, compared to the historic CPR estimate of 19%. The well will also target two exploration prospects directly beneath the Skipper oil discovery in the Lower Dornoch and Maureen formations, in which the CPR authors have mapped structures which could contain an additional 46 MMBbls of oil in place. (Source: AGR Tracs CPR dated September 2013.) If oil is present in these structures, it would be co-developed with Skipper in line with the Company’s hub strategy. IOG intends to drill the Skipper well as 100% owner, which requires completion of the Sale and Purchase agreement to acquire 50% of the licence from Alpha Petroleum Ltd (“Alpha”). As previously announced, the deadline for the completion of this agreement has been extended to 21 December 2015. The Company also requires the Oil and Gas Authority ("OGA") to approve IOG North Sea Limited as licence operator and AGR Well Management Limited ("AGR") as well operator.

14 Dec 2015

Rig Contract Signed – Funding Secured for Skipper Drilling in the New Year

Independent Oil and Gas plc ("IOG" or the “Company”), the North Sea focused oil and gas company, is pleased to announce it has signed a Rig Contract with Transocean Drilling U.K. Limited (“Transocean”) to procure the Transocean John Shaw semi-submersible rig to drill the Company’s fully funded appraisal well on the Skipper oil discovery in Block 9/21a in the Northern North Sea in licence P1609. IOG anticipates that the rig will commence drilling operations at Skipper in late January or early February 2016 with the objective of retrieving good quality reservoir condition oil samples in order to design the optimum field development plan for the Skipper field. The rig will drill a vertical well to 5,600ft which is expected to take approximately 25 days. Skipper is an offshore heavy oil field located in the Northern North Sea with independently verified gross 2C resources of 26.2 MMBbls. IOG management estimates that Skipper has 34.1 MMBbls of recoverable oil based on a recovery factor of 25%, compared to the historic CPR estimate of 19%. The well will also target two exploration prospects directly beneath the Skipper oil discovery in the Lower Dornoch and Maureen formations, in which the CPR authors have mapped structures which could contain an additional 46 MMBbls of oil in place. (Source: AGR Tracs CPR dated September 2013.) If oil is present in these structures, it would be co-developed with Skipper in line with the Company’s hub strategy. IOG intends to drill the Skipper well as 100% owner, which requires completion of the Sale and Purchase agreement to acquire 50% of the licence from Alpha Petroleum Ltd (“Alpha”). As previously announced, the deadline for the completion of this agreement has been extended to 21 December 2015. The Company also requires the Oil and Gas Authority ("OGA") to approve IOG North Sea Limited as licence operator and AGR Well Management Limited ("AGR") as well operator.

16 Dec 2015

Delivery of Songa Encourage

Songa Offshore has today taken delivery of Songa Encourage - the third Category D rig - from Daewoo Shipbuilding & Marine Engineering (DSME) in Korea. "We are pleased to take delivery of Songa Encourage today the 16 December 2015. This is the third Category D rig we take delivery of in a series of four rigs, all going on eight year contracts with Statoil in Norway. We are now looking forward to see the rig commence drilling operations in Norway", says CEO Bjørnar Iversen.

17 Dec 2015

Rig secured for drilling the Brasse prospect in Norway

Faroe, has entered into a contract with Transocean Offshore (North Sea) Ltd on behalf of the PL 740 joint venture for the lease of the semi-submersible Transocean Arctic drilling rig. Faroe has budgeted its net share of the well costs after tax to be less than £2m, and the well is expected to be drilled in the summer of 2016. Brasse will test a structure immediately to the south of the producing Brage field and if successful could be tied-back to Brage (Faroe 14.3%) or alternatively to other nearby installations. The co-venturer in the PL740 licence is Core Energy AS (50%).

17 Dec 2015

Rig contract cancellation

Statoil has decided to cancel the contract with Transocean for the drillship Discoverer Americas. The drillship has been on contract with Statoil since 2009, supporting Statoil’s exploration activities in East and North Africa and the Gulf of Mexico. Statoil was in the current environment unable to secure additional activity for the rig for the remainder of the contract period, ending in May 2016. “Discoverer Americas has been a very good performer for Statoil, contributing to test deep-water and ultra-deep water prospectivity in Tanzania, Egypt, and the Gulf of Mexico and appraising the multiple high-impact discoveries in Tanzania. All operations were performed with solid drilling efficiency and a good safety culture. Without additional activity lined up, we unfortunately have to let the rig go prior to contract end,” says Tore Aarreberg, head of rig procurement.

21 Dec 2015

Drilling permit for well 7224/2-1 in production licence 611

he Norwegian Petroleum Directorate (NPD) has granted Wintershall Norway AS a drilling permit for wellbore 7224/2-1, cf. Section 8 of the Resource Management Regulations. Well 7224/2-1 will be drilled from the Transocean Arctic drilling facility at position 72°46’25.92" north and 24°23’56.33" east following completion of drilling of wildcat well 7130/4-1 for Lundin Norway AS in production licence 708. The drilling program for well 7224/2-1 concerns the drilling of a wildcat well in production licence 611. Wintershall Norge AS is the operator with an ownership interest of 40 per cent. The other licensees are Faroe Petroleum Norge AS (40 per cent) and Petoro AS (20 per cent). The area in this licence is comprised of the blocks 7223/3, 7223/6, 7224/1, 7224/2, 7224/3, 7224/4 and 7224/5. The well is being drilled about 25 kilometres northwest of the discovery 7224/6-1 (Arenaria) and about 240 kilometres north of Hammerfest. Production licence 611 was awarded on 13 May 2011 (21st licensing round). This is the first well to be drilled in the licence. The permit is contingent upon the operator having secured all other permits and consents required by other authorities prior to commencing the drilling activity.

22 Dec 2015

Drilling permit for well 7324/7-3 S in production licence 537

The Norwegian Petroleum Directorate (NPD) has issued a drilling permit to OMV Norge AS for well 7324/7-3 S, cf. Section 8 of the Resource Management Regulations. Well 7324/7-3 S will be drilled from the Transocean Spitsbergen drilling facility in position 73o26`30.78" north and 24o15´39.88" east. The drilling programme for well 7324/7-3 S relates to the drilling of an appraisal well in production licence 537. OMV Norge AS is the operator with a 25 per cent ownership interest. The other licensees are Idemitsu Petroleum Norge AS with 20 per cent, Petoro AS with 20 per cent, Tullow Oil Norge AS with 20 per cent and Statoil Petroleum AS with 15 per cent. The production licence comprises blocks 7324/7 and 7324/8, and was awarded in the 20th licensing round in 2009. Wildcat well 7324/7-3 S will be the fifth exploration well in production licence 537. The permit is conditional upon the operator securing all other consents and permits required by other authorities prior to commencing the drilling activity.

31 Dec 2015

Minor gas discovery on the Finnmark platform in the Barents Sea – 7130/4-1

Lundin Norge AS, operator of production licence 708, is in the process of concluding the drilling of wildcat well 7130/4-1. The well is being drilled about 85 kilometres north-east of Berlevåg. The primary exploration target for the well was to prove petroleum in carbonate and spiculite reservoir rocks (the Røye formation) in the Upper Permian. The secondary exploration target was to prove petroleum in underlying carbonates and sandstones (the Ørn formation and the Soldogg formation) in the Permian and Carboniferous Ages. In the primary exploration target, well 7130/4-1 encountered an approx. 40 metre thick aquiferous spiculite reservoir in the Røye formation, with poor reservoir quality. In the secondary exploration target, the well proved traces of petroleum in the Ørn formation. The formation is about 180 metres thick, but is mainly tight. In the Soldogg formation, the well encountered a 5 metre thick gas column in a sandstone reservoir with moderate reservoir quality. In total, the well encountered about 85 metres of reservoir in the Soldogg formation. The gas/water contact was encountered. The assessment of the size of the discovery is unclear at this time, but indications are that it is too small to be commercial. The well was not formation-tested, but extensive data acquisition and sampling have been carried out, with cores from the primary exploration target, and lateral cores in the secondary exploration target (the Soldogg formation). This is the first exploration well in production licence 708. The licence was awarded in the 22nd licensing round in 2013. Well 7130/4-1 was drilled to a vertical depth of 3184 metres below the sea surface and was terminated in the Soldogg formation in the Lower Carboniferous. Water depth at the site is 288 metres. The well will now be permanently plugged and abandoned. Well 7130/4-1 was drilled by the Transocean Arctic, which will now drill wildcat well 7224/2-1 in production licence 611 in the Barents Sea, where Wintershall Norge AS is the operator.

28 Dec 2015

Transocean Ltd. Announces Customer Early Termination of Polar Pioneer Contract

Transocean Ltd. announced today that Shell has elected to terminate the contract for the harsh environment semisubmersible Polar Pioneer prior to its expiration in July 2017. Transocean will be compensated for the early termination through a lump-sum payment that includes adjustments for reduced operating costs and demobilization to Norway.

31 Dec 2015

Songa Endurance commencement of drilling contract

Songa Endurance has today commenced drilling operations under its eight-year drilling contract with Statoil at the Troll Field on the Norwegian continental shelf, and the rig is now on operating rate. Songa Endurance is the second rig in a series of four Category D semi-submersible drilling rigs, specifically built for and contracted to Statoil.

4 Jan 2016

Woodside Discovers Gas Offshore Myanmar

Woodside advises that the Shwe Yee Htun-1 exploration well in Block A-6 in the Rakhine Basin, located in the western offshore area of Myanmar, has intersected a gross gas column of approximately 129 m. Approximately 15 m of net gas pay is interpreted within the primary target interval. The well reached the planned original total depth (TD) of 4810 m, referenced from the rig rotary table. Following drilling, wireline logging was conducted and confirmed the presence of a gas column through pressure measurements and gas sampling. The well was subsequently deepened to a final TD of 5306 m. The well was spudded on 27 November, reached its original target on 23 December and wireline logging concluded on 29 December. Shwe Yee Htun-1, in Block A-6, targeted one of many identified channel complexes that run over a large anticlinal feature, the Saung Anticline. Woodside CEO Peter Coleman said he was pleased by the successful evaluation of the prospect, which provided evidence of a working petroleum system in the Rakhine Basin deep water. “Further analysis will be undertaken to understand the full potential of the play, but this de-risks a number of leads which will now be matured,” Mr Coleman said. “This discovery is an encouraging outcome for future exploration and appraisal activity in the area.” With a 40% interest in A-6, Woodside Energy (Myanmar) Pte Ltd (Woodside Myanmar) is the joint operator with MPRL E&P Pte Ltd (MPRL E&P) (20% interest). MPRL E&P is operator with respect to government liaison and Woodside Myanmar is the operator with respect to all other operations, including drilling. Total E&P Myanmar holds a 40%, non-operated interest. Woodside has interests in six blocks in the Rakhine Basin (details overleaf). The six permits make up 46,000 km2 and represent 20% of Woodside’s global exploration acreage.

5 Jan 2016

Statoil receives consent for exploration drilling in the North Sea

Statoil is the operator for production licences 272 and 035 and has received consent to drill exploration well 30/11-11 using Songa Delta. Statoil has allocated 36 days for the activity, which will start in mid-January 2016. The well is located around 28 kilometres south of the Oseberg field, and around 130 kilometres from the nearest land at Sund municipality in Hordaland county. Water depth at the site is around 106 metres. Songa Delta is operated by Songa Offshore. The facility was issued with an Acknowledgement of Compliance (AoC) by the PSA in November 2012. The PSA has now granted Statoil consent for exploration drilling.

8 Jan 2016

Consent for drilling operations using Transocean Winner

Det norske oljeselskap ASA has received consent to use the Transocean Winner mobile drilling facility for production drilling and completion on the Volund field. ransocean Winner is a semi-submersible facility of the GVA 4000 type, built at Gøtaverken Arendal in Gothenburg in 1983 and significantly upgraded in 2006. The facility is owned and operated by Transocean Ltd, registered in the Marshall Islands and classified by DNV GL. Transocean Winner was issued with an Acknowledgement of Compliance (AoC) by the PSA in August 2006. Volund is an oil field in the central North Sea around 10 kilometres south of the Alvheim field. Water depth in the area is 120-130 metres. The field has been developed using a subsea facility tied back to the Alvheim FPSO production vessel, with three horizontal wells. The Petroleum Safety Authority Norway has now granted Det norske oljeselskap ASA consent for drilling operations in compliance with the company's application.

8 Jan 2016

Acknowledgement of Compliance for Songa Endurance

Songa Offshore has received the PSA's Acknowledgement of Compliance (AoC) for Songa Endurance. Songa Endurance is a semi-submersible drilling facility and the first of four Cat D rigs that Songa is building for Statoil. In total, 59 mobile facilities have now received an Acknowledgement of Compliance from the PSA.

12 Jan 2016

Rescheduling of Skipper Well

Following recent oil price movements and bad weather in the North Sea, IOG believes that it is in the best interests of shareholders that the Skipper appraisal well is delayed until there is greater stability and clarity in the oil market. The existing timetable for drilling Skipper in Q1 2016 requires the announced loans and contractor deferral funding to be repaid by IOG at the end of 2016. IOG now considers this refinancing risk to be increased due to the very weak commodity prices and negative market sentiment towards oil and gas. Moreover, the very bad weather in the North Sea has increased concerns that significant delays could be encountered or a sub-optimal well result may be achieved. Therefore, the Board believes that drilling in a more favourable weather window with at least some improvement in market sentiment would be prudent. The Company now anticipates the Skipper appraisal well to be drilled later this year. To achieve this revised timetable, IOG will need agreement from its principal lenders and contractors and agreement from the OGA to extend the Skipper licence beyond 30 March 2016. These critical discussions are ongoing.

28 Jan 2016

Extension of Skipper Licence

Independent Oil and Gas plc ("IOG" or the "Company") (AIM: IOG.L), the North Sea focused oil and gas company, is pleased to announce that following discussions with the UK Oil & Gas Authority (“the OGA”), the Skipper Licence P1609 Block 9/21a has been formally extended until 31 December 2016. As previously indicated, IOG intends to drill the appraisal well as soon as economic conditions allow.

8 Feb 2016

Transocean Ltd. Announces Customer Early Terminates The Discoverer Deep Seas

Transocean Ltd. announced today that Murphy Exploration & Production Company - USA, a subsidiary of Murphy Oil Corporation, has elected to terminate the contract for the ultra-deepwater drillship Discoverer Deep Seas. The rig's contract was scheduled to end in November 2016. Transocean will be compensated for the early termination through a lump-sum payment that includes adjustments for operating costs.

23 Feb 2016

Transocean Ltd. Receives Early Termination Notice on GSF Development Driller I

Transocean Ltd. (NYSE: RIG) (SIX: RIGN) announced today that the company has received a notice of early termination from Esso Exploration Angola (Block 15) Limited for the ultra-deepwater semisubmersible GSF Development Driller I. The rig's drilling contract is expected to end in May 2016 with the demobilization completed in June 2016. In accordance with the terms of this contract, the company will not receive a payment compensating it for the remaining contract term. The company does not have other contracts in its backlog that permit uncompensated cancellation for convenience.

25 Feb 2016

Minor gas discovery near the Oseberg field in the North Sea – 30/9-28 S

Statoil Petroleum AS, operator of production licence 104, has completed drilling of wildcat well 30/9-28 S. The well was drilled about 5.5 kilometres west of the Oseberg South field in the central part of the North Sea and 140 kilometres west of Bergen. The primary exploration target was to prove petroleum in Lower and Middle Jurassic reservoir rocks (the Tarbert formation and upper part of the Statfjord group). The secondary exploration target was to prove petroleum in Lower Jurassic reservoir rocks (lower part of the Statfjord group). The well encountered an approx. 20-metre gas column, of which 10 metres were in sandstone with good reservoir quality in the Tarbert formation. The gas/water contact in the Tarbert formation has been estimated at 2870 metres based on pressure data. In the Statfjord group, the well encountered a 12-metre gas column in sandstone with moderate reservoir quality. The gas/water contact was proven at 3506 metres. The secondary exploration target in the lower part of the Statfjord group is aquiferous. Preliminary estimation of the size of the discovery is between one and two million standard cubic metres (Sm3) of recoverable oil equivalents. The discovery will be considered for development as part of the “Oseberg Future Phase 2” project. The well was not formation-tested, but data acquisition and sampling were carried out. This is the 24th exploration well drilled in production licence 104. The well was drilled to a measured and vertical depth of 4083 and 3928 metres below the sea surface, respectively, and was terminated in the Statfjord group in the Lower Jurassic. Water depth is 99 metres. The well is now being permanently plugged and abandoned. Well 30/9-28 S was drilled by the Songa Delta drilling facility, which will now proceed to drill a shallow gas pilot, 30/6-U-27 in production licence 053, where Statoil Petroleum AS is the operator.

2 Mar 2016

Dry well northwest of the 7224/6-1 (Arenaria) gas discovery in the Barents Sea – 7224/2-1

Wintershall Norge AS, operator of production licence 611, is in the process of completing the drilling of wildcat well 7224/2-1. The well is dry. The well was drilled about 25 kilometres northwest of the 7224/6-1 (Arenaria) discovery and about 240 kilometres north of Hammerfest. The well's primary exploration target was to prove petroleum in Lower Triassic reservoir rocks (the Klappmyss formation). The secondary exploration target for the well was to prove petroleum in Upper Triassic reservoir rocks (the Snadd formation). Well 7224/2-1 did not encounter sandstones with reservoir quality in the Klappmyss formation, which nevertheless contains traces of petroleum. The well encountered two sandstone layers in the Snadd formation with thicknesses of about 45 and 15 metres and with very good reservoir quality. Both layers are aquiferous. The well encountered traces of petroleum in two thin sandstone layers in the Kobbe formation and in two thin sandstone layers with poor reservoir quality in the Havert formation. The well is classified as dry. Data acquisition has been carried out. This is the first exploration well in production licence 611. The licence was awarded on 13 May 2011 (21st licensing round). Well 7224/2-1 was drilled to a vertical depth of 2916 metres below sea the sea surface and was terminated in the Havert formation of Early Triassic age. The water depth at the site is 415 metres. The well will now be permanently plugged and abandoned. Well 7224/2-1 was drilled by the Transocean Arctic drilling facility.

11 Mar 2016

Drilling permit for well 30/11-11 B in production licence 035

The Norwegian Petroleum Directorate has granted Statoil Petroleum AS a drilling permit for well 30/11-11 B, cf. Section 8 of the Resource Management Regulations. Well 30/11-11 B will be drilled from the Songa Delta drilling facility at position 60°4’29.77’’ north, 02°38’8.97’’ east in production licence 035. The drilling programme for the 30/11-11 B well relates to the drilling of a wildcat well. Statoil is the operator with an ownership interest of 50 per cent. Det norske oljeselskap ASA is a licensee, with an ownership interest of 50 per cent. The area in this licence consists of a part of block 30/11. Production licence 035 was awarded in licensing round 2-A on 14 November 1969. This is the eleventh exploration well to be drilled in the licence area. The permit is contingent upon the operator securing all other permits and consents required by other authorities before commencing drilling activities.

11 Mar 2016

Drilling permit for well 30/11-11 S in production licence 035

The Norwegian Petroleum Directorate has granted Statoil Petroleum AS a drilling permit for well 30/11-11 S, cf. Section 8 of the Resource Management Regulations. Well 30/11-11 S will be drilled from the Songa Delta drilling facility at position 60°4’29.77’’ north 02°38’8.97’’east in production licence 035. The drilling programme for the 30/11-11 S well relates to the drilling of a wildcat well. Statoil is the operator with an ownership interest of 50 per cent. Det norske oljeselskap ASA is a licensee with an ownership interest of 50 per cent. The area in this licence consists of a part of block 30/11. Production licence 035 was awarded in licensing round 2-A on 14 November 1969. This is the tenth exploration well to be drilled in the licence area. The permit is contingent upon the operator securing all other permits and consents required by other authorities before commencing the drilling activities.

7 Apr 2016

Statoil has received consent to drill the two exploration wells 30/11-12 S and 30/11-12 A in the North Sea

Statoil is the operator for production licences 272 and 035. Drilling is estimated to last for 45 days, depending on whether a find is made. Drilling will be performed by Songa Delta, which is operated by Songa Offshore. The facility was issued with an Acknowledgement of Compliance (AoC) by the PSA in November 2012. The PSA has now given Statoil consent for exploration drilling in accordance with the company's application.

6 Apr 2016

OMV operated successful horizontal appraisal well for Wisting in Norway

OMV has successfully completed drilling and testing of the Wisting Central II appraisal well. The horizontal well was drilled in the Wisting field in the Barents Sea, about 310 km north of Hammerfest. The Wisting field is the northernmost oil discovery in Norway. Wisting Central II is the fifth well in the production license PL537, which was awarded in the 20th licensing round in 2009. The well objectives were to confirm the potential of the discovery by proving the presence of hydrocarbons in the undrilled Wisting Central South and Central West segments, and to prove the technical concept of long-reach horizontal wells in a shallow reservoir, about 250 meters below seabed. The possibility to drill such wells is needed to establish the basis for a viable development of the Wisting discovery. A well test was performed and flow rates reached just above 5,000 boe/d. The well results are expected to provide an increase of in-place volumes in the Central South and Central West segments, and further reduce the overall uncertainty of contingent resources in PL537. The Wisting Central II well is the first horizontal appraisal well in the Barents Sea and sets a new drilling record; it is the shallowest horizontal offshore well drilled from a floating drilling facility. Water depth at Wisting is 402 meters. The well started vertically and was successfully steered into a horizontal orientation within a 250 meters depth interval. The total well length is 2,354 meters and the horizontal section measures 1,402 meters. Advanced data collection and geo-steering was conducted through the entire horizontal phase. The well was spudded on January 15, 2016, by the semisubmersible rig Transocean Spitsbergen. The well test was finalized end of March and the well will now be permanently plugged and abandoned. "OMV is very satisfied with the well test results, which are promising. This well is an important milestone towards a future field development on Wisting" said Johann Pleininger, OMV Executive Board member responsible for Upstream. OMV (Norge) AS as operator has 25% share in the PL537 license. Joint venture partners are Petoro (20%), Idemitsu (20%), Tullow (20%) and Statoil (15%).

5 Apr 2016

Operations Update: UK Central North Sea Licence P2013

Zennor Pathway Limited is pleased to announce that the Transocean Sedco 704 drilling rig spudded well 21/5c-7 on 5th April. This is an appraisal well on the Finlaggan Discovery. Zennor Pathway Limited (Operator) holds a 100% interest in the Licence.

31 Mar 2016

Delivery of Songa Enabler

Songa Offshore has today taken delivery of Songa Enabler from Daewoo Shipbuilding & Marine Engineering (DSME) in Korea. Songa Enabler will shortly depart South Korea en route to Norway for commencement of an eight-year drilling contract with Statoil, with the first assignment on the Snøhvit field. The transit will take place with tow-assist and the rig will arrive in Norway with all third party equipment installed and ready for the client's final acceptance testing. Commencement of drilling operations is expected to take place in third quarter 2016. Songa Enabler is a sixth generation, high specification, harsh environment, fully winterized, midwater rig designed for efficient year around drilling, completion, testing and intervention operations in water depths up to 500 meters. The rig is certified DP3 and is equipped with a "state-of-the-art" drill-floor and an efficient layout with improved safety and working environment features. Songa Enabler is the last rig in a series of four Category D rigs specifically built for and contracted to Statoil.

6 Apr 2016

Delineation of the 7324/8-1 (Wisting) oil discovery in the Barents Sea – 7324/7-3

OMV Norge AS, operator of production licence 537, is in the process of completing the drilling of appraisal well 7324/7-3 S on the 7324/8-1 (Wisting) oil discovery. The well was drilled about 310 km north of Hammerfest. The discovery was proven in reservoir rocks from the Middle and Early Jurassic (upper Realgrunnen subgroup) in 2013. Before well 7324/7-3 S was drilled, the operator's resource estimate for the Wisting area was between 32 and 80 million standard cubic metres (Sm3) of recoverable oil equivalents. The objective of the well was to confirm the size of the 7324/8-1 discovery in the "Wisting Central Sør" and "Wisting Central Vest" segments. An additional objective was to test whether the well can be drilled horizontally in the shallow reservoir approximately 250 m below the seafloor, as well as to formation-test the Stø formation. The well was drilled with a horizontal section of about 1400 metres. It encountered sandstones in the Stø and Fruholmen formations. The "Wisting Central Sør" segment has good reservoir properties in the Stø formation and moderate reservoir properties in the Fruholmen formation. Reservoir quality in the Stø formation in the "Wisting Central Vest" segment is also good. The oil/water contact was not encountered. The estimate of the discovery size will be updated based on evaluation of the new well data. The result will be important for further maturation of the Wisting area, as regards a potential development. Extensive data acquisition and sampling have been carried out. A successful formation test was conducted in the Stø formation in the "Wisting Central Vest" segment. Maximum production rates were 762 Sm3 of oil and 48 310 Sm3 of associated gas per flow day through a 104/64-inch nozzle opening. The gas/oil ratio is 73 Sm3/Sm3. The formation test revealed production and flow properties that were mainly good. This is the fifth exploration well in production licence 537. The licence was awarded in the 20th licensing round in 2009. Appraisal well 7324/7-3 S was drilled to vertical and measured depths of 673 and 2314 metres, respectively, below the sea surface, and was terminated in the Stø formation from the Middle Jurassic Age. Water depth in the area is 402 metres. The well will now be permanently plugged and abandoned.

11 Apr 2016

Commencement of drilling contract for Songa Encourage

Songa Encourage commenced drilling operations on 11 April 2016 under its eight-year drilling contract with Statoil on the Norwegian continental shelf. The rig is now on operational day rate and working on the Skuld field. Songa Encourage is the third rig in a series of four Category D rigs, specifically built for, and contracted to Statoil.

13 Apr 2016

Minor oil discovery and dry well southwest of the Oseberg South field in the North Sea - 30/11-11 S and 30/11-11 A

Statoil Petroleum AS, operator of production licence 035/272, is in the process of completing the drilling of wildcat wells 30/11-11 S and 30/11-11 A. The wells were drilled about two kilometres southeast of the 30/11-9 A discovery (Askja East) and 35 kilometres southwest of the Oseberg South facility in the North Sea. The primary exploration target for wells 30/11-11 S and 30/11-11 A was to prove petroleum in Upper to Middle Jurassic reservoir rocks (Tarbert formation) in two nearby fault blocks. The secondary exploration target was to prove petroleum in Middle Jurassic reservoir rocks (Ness formation). 30/11-11 S encountered a 25-metre oil column in the upper part of the Tarbert formation, of which 22 metres had moderate to good reservoir properties. 30/11-11 A encountered a corresponding reservoir in the Tarbert formation, but it is aquiferous with traces of hydrocarbons. The well is classified as dry. Both wells proved sandstones with moderate to good porosity in the Ness formation, but these were aquiferous. Preliminary estimation of the size of the discovery in well 30/11-11 S is between 0.2 and 0.5 million standard cubic metres (Sm3) of recoverable oil. Data acquisition and sampling have been carried out in both wells. The 30/11-11 S and 30/11-11 A wells were drilled to respective vertical depths of 3646 and 3334 metres below the sea surface and measured depths of 3646 and 3987 metres below the sea surface. 30/11-11 S was terminated in the Ness formation and 30/11-11 A was terminated in the Tarbert formation. The wells are the 12th and 13th exploration wells in production licence 035. The licence was awarded in the second licensing round in 1969. Water depth is 106 metres. The wells will be permanently plugged and abandoned. Wells 30/11-11 S and 30/11-11 A were drilled by the Songa Delta drilling facility. The results from the wells will not affect future drilling of the exploration campaign in the area. The campaign will continue with the same drilling facility in the same production licence, with wildcat well 30/11-12 S and potentially 30/11-12 A if the structure warrants an appraisal well.

13 Apr 2016

Drilling permit for wells 30/11-12 S and 30/11-12 A in production licence 035

The Norwegian Petroleum Directorate has granted Statoil Petroleum AS a drilling permit for wells 30/11-12 S and 30/11-12 A, cf. Section 8 of the Resource Management Regulations. Well 30/11-12 S will be drilled from the Songa Delta drilling facility at position 60°05’00.12’’ north 02°35’36,32’’ east in production licence 035. The drilling programme for well 30/11-12 S relates to drilling of a wildcat well. Well 30/11-12 A is an appraisal well that will be drilled in the event of a discovery. Statoil is the operator with an ownership interest of 50 per cent. Det norske oljeselskap ASA is a licensee with an ownership interest of 50 per cent. The area in this licence consists of part of block 30/11. Production licence 035 was awarded in licensing round 2-A on 14 November 1969. This is the eleventh exploration well to be drilled in the licence area. The permit is contingent upon the operator securing all other permits and consents required by other authorities prior to commencing drilling activities.

19 Apr 2016

Drilling permit for well 30/11-13 in production licence 035/272

The Norwegian Petroleum Directorate has granted Statoil Petroleum AS a drilling permit for well 30/11-13, cf. Section 8 of the Resource Management Regulations. Well 30/11-13 will be drilled from the Songa Delta drilling facility at position 60°09’55.78’’ north 02°35’35.13’’ east in production licence 035. The drilling programme for well 30/11-13 relates to the drilling of a wildcat well. Statoil Petroleum AS is the operator with an ownership interest of 50 per cent and Det norske oljeselskap AS is a licensee with an ownership interest of 50 per cent. The area in this licence consists of part of block 30/11. Production licence 035 was awarded in the 2nd licensing round on 14 November 1969. This is the thirteenth exploration well to be drilled within the licence area. The permit is contingent upon the operator securing all other permits and consents required by other authorities prior to commencing drilling activities.

19 Apr 2016

Transocean Ltd. Announces Ultra-Deepwater Drillship Delay

Transocean Ltd. (NYSE: RIG) announced today an agreement with Sembcorp Marine's subsidiary, Jurong Shipyard Ptd Ltd, to defer the delivery and related final payments of two dynamically positioned ultra-deepwater drillships. The proprietary Jurong Espadon 3T designed rigs are now scheduled to be delivered during the first and third quarter of 2020.

19 Apr 2016

Transocean Ltd. Announces Ultra-Deepwater Drillship Delay

Transocean Ltd. (NYSE: RIG) announced today an agreement with Sembcorp Marine's subsidiary, Jurong Shipyard Ptd Ltd, to defer the delivery and related final payments of two dynamically positioned ultra-deepwater drillships. The proprietary Jurong Espadon 3T designed rigs are now scheduled to be delivered during the first and third quarter of 2020.

11 May 2016

Consent for exploration drilling for Faroe Petroleum

Faroe Petroleum has received consent to drill an exploration well in block 37/1. Faroe Petroleum Norge AS (Faroe Petroleum) is the operator for production licence 740 in the North Sea. The exploration well will be the first to be drilled in this production licence. It will be drilled in a prospect named Brasse, with the designation 31/7-1. The location is 16 km south-east of Oseberg A and approx. 93 km west of Sotra in Hordaland. Water depth at the site is 188 metres. The drilling will start in the second half of May at the earliest, with an estimated duration of up to 57 days. The drilling will be performed using Transocean Arctic, which is a semi-submersible mobile drilling facility operated by Transocean Offshore (North Sea) Ltd NUF. It was built by Mitsubishi Heavy Industries in Japan in 1987, and substantially upgraded in 2004. Transocean Arctic was issued with an Acknowledgement of Compliance (AoC) by the PSA in July 2004. The PSA has granted Faroe Petroleum consent for the exploration drilling.

19 May 2016

Drilling permit for well 31/7-1 in production licence 740

The Norwegian Petroleum Directorate has granted Faroe Petroleum Norge AS a drilling permit for well 31/7-1, cf. Section 8 of the Resource Management Regulations. Well 31/07-01 will be drilled from the Transocean Arctic drilling facility at position 60°25'31.56"N and 3°1'28.26"E in production licence 740. The drilling programme for well 31/7-1 concerns drilling of a wildcat well. Faroe Petroleum Norge AS is the operator and has an ownership interest of 50 per cent, while Core Energy AS is a licensee with a 50 per cent interest. The area in this licence is part of blocks 31/7 and 30/9. Production licence 740 was awarded in APA 2013, 7 February 2014. This is the first well to be drilled in the licence. The permit is contingent upon the operator securing all other permits and consents required by other authorities prior to commencing drilling activities.

30 May 2016

Drilling permit for wells 30/11-14, 30/11-14 A and 30/11-14 B in production licence 035

The Norwegian Petroleum Directorate (NPD) has granted Statoil Petroleum AS a drilling permit for wells 30/11-14, 30/11-14 A and 30/11-14 B, cf. Section 8 of the Resource Management Regulations. The three wells will be drilled from the Songa Delta drilling facility at position 60°11’29.9’’ north and 02°35’11.4’’ east in production licence 035. The drilling programme relates to the drilling of two wildcat wells (30/11-14 and 30/11-14 B) and one appraisal well (30/11-14 A) which will be drilled if a discovery is made. Statoil is the operator with an ownership interest of 50 per cent. Det norske oljeselskap ASA is the licensee with 50 per cent. The area in this licence consists of a part of block 30/11. Production licence 035 was awarded in licensing round 2-A on 14 November 1969. These are the 12th, 13th, and possibly the 14th exploration wells to be drilled within the licence area. The permit is contingent on the operator securing all other permits and consents required by other authorities before the drilling activity commences.

30 May 2016

Minor oil discovery and dry appraisal well southwest of the Oseberg Sør field in the North Sea - 30/11-12 S and 30/11-12 A

Statoil Petroleum AS, operator of production licence 035, is in the process of concluding the drilling of wildcat well 30/11-12 S and appraisal well 30/11-12 A. The wells were drilled two kilometres south of the 30/11-9 A (Askja Øst) discovery, and about 35 km southwest of the Oseberg Sør facility in the North Sea. The objective of well 30/11-12 S was to prove petroleum in three sandstone layers in Middle Jurassic reservoir rocks (the Tarbert formation). The objective of well 30/11-12 A was to delineate in the event a discovery was made in 30/11-12 S. 30/11-12 S encountered a 37-metre oil column in the upper part of the Tarbert formation, of which about 30 metres had good to moderate reservoir properties. Well 30/11-12 A, which was drilled further down on the structure, encountered similar reservoir rocks, but is dry. Preliminary estimates place the size of the discovery at between 0.7 and 2.5 million standard cubic metres (Sm3) of recoverable oil equivalents. The discovery will be included in the evaluation of a new field development, along with other earlier discoveries in the area. Data has been collected and samples have been taken in both wells. Wells 30/11-12 S and 30/11-12 A were drilled to vertical and total depths of 3669 and 3671 metres, respectively, and 3609 and 4144 metres below the sea surface. 30/11-12 S was terminated in the Ness formation and 30/11-12 A was terminated in the Tarbert formation. The wells are the 12th and 13th exploration wells in production licence 035. The licence was awarded in the 2nd licensing round in 1969. Water depth is 110 metres. The wells have been permanently plugged and abandoned. Wells 30/11-12 S and 30/11-12 A were drilled by the Songa Delta drilling facility, which will continue its drilling campaign with the drilling of wildcat well 30/11-13 S in the same production licence, where Statoil Petroleum AS is the operator.

7 Jun 2016

Drilling permit for well 36/7-4 in production licence 636

The Norwegian Petroleum Directorate has granted ENGIE E&P Norge AS a drilling permit for well 36/7-4, cf. Section 8 of the Resource Management Regulations. Well 36/7-4 will be drilled from the Transocean Arctic drilling facility at position 61°24’59.72’’ north, 04°04’08.06’’ east after the facility concludes the drilling of wildcat well 31/7-1 A for Faroe Petroleum Norge AS in production licence 740. The drilling programme for well 36/7-4 relates to the drilling of a wildcat well in production licence 636. ENGIE E&P Norge AS is the operator with an ownership interest of 30 per cent. The other licensees are Idemitsu Petroleum Norge AS (30 per cent), Wellesley Petroleum AS (20 per cent) and Tullow Oil Norge AS (20 per cent). The area in this licence consists of a part of block 36/7. The well will be drilled approx. 55 km southwest of Florø and about 10 km northwest of the Gjøa field. Production licence 636 was awarded on 3 February 2012 (APA 2011). This is the first well to be drilled within the licence area. The permit is contingent on the operator securing all permits and consents required by other authorities prior to commencing the drilling activity.

7 Jun 2016

Skipper Appraisal Well rescheduled for July 2016

Independent Oil and Gas plc ("IOG" or the “Company”), (AIM: IOG.L), is pleased to announce that the appraisal well on the Skipper oil discovery which lies in Block 9/21a in licence P1609 in the Northern North Sea, is scheduled to be drilled in July 2016. Drilling of the Skipper appraisal well, of which IOG is 100% owner and operator, is scheduled for July 2016 and will be drilled by Transocean’s Sedco 704 semi-submersible.

9 Jun 2016

Minor gas/condensate discovery southwest of the Oseberg South field in the North Sea - 30/11-13

Statoil Petroleum AS, operator of production licence 272, has completed the drilling of wildcat well 30/11-13. The well proved gas/condensate. The well was drilled eight kilometres southeast of the 30/11-8 S (Krafla) discovery and about 27 kilometres south of the Oseberg South facility in the North Sea. The primary exploration target for the well was to prove petroleum in Middle Jurassic reservoir rocks (the Tarbert formation). The secondary exploration target was to prove petroleum in Middle Jurassic reservoir rocks (the Ness formation). The well encountered gas columns at two levels in the top part of the Tarbert formation, a total of 5 and 31 metres, respectively, of which 4 and 22 metres had good to moderate reservoir properties. The secondary exploration target in the Ness formation is aquiferous. The preliminary estimation of the size of the discovery is between one and three million standard cubic metres (Sm3) of recoverable oil equivalents. The discovery will be included in the evaluation of a new field development along with previous discoveries in the area. Data has been collected and samples were taken from the well. Well 30/11-13 was drilled to a vertical depth of 3313 metres below the sea surface and was terminated in the Ness formation. The well is the fourth exploration well in production licence 272. The licence was awarded in the North Sea Awards in 2001. Water depth is 106 metres. The well will be permanently plugged and abandoned. Well 30/11-13 was drilled by the Songa Delta drilling facility, which will continue the drilling campaign by drilling wildcat well 30/11-14 in the same production licence, where Statoil Petroleum AS is the operator.

7 Jun 2016

INPEX to Commence Exploratory Offshore Drilling in Japan

TOKYO, JAPAN - INPEX CORPORATION (INPEX) announced today it commenced drilling operations on an exploratory well offshore Shimane and Yamaguchi prefectures on June 5. The drilling operations are part of a project commissioned by the Agency of Natural Resources and Energy of the Ministry of Economy, Trade and Industry (METI) of Japan for the agency’s “Heisei 26~28 Domestic Offshore Drilling Program in Japan” as announced on July 30, 2015. The drilling operations are being conducted at a location approximately 130km northwest of Shimane Prefecture and approximately 140km north of Yamaguchi Prefecture. Going forward, INPEX plans to determine the presence of hydrocarbon deposits in the area by conducting a detailed analysis and evaluation of data obtained through the exploratory drilling. INPEX will prioritize safety throughout the execution of the project, keeping local communities fully informed and calling on their cooperation.

16 Jun 2016

Oil and Gas Discovery at the Brasse Exploration Well

Faroe Petroleum, the independent oil and gas company focusing principally on exploration, appraisal, development and production opportunities in Norway and the UK, is pleased to announce an oil and gas discovery in the Faroe-operated Brasse exploration well in licence PL740 in the Norwegian North Sea (Faroe 50%). The Brasse well (31/7-1) has been drilled to a total depth of 2,780 metres. The well encountered approximately 18 metres of gross gas-bearing and approximately 21 metres of gross oil-bearing Jurassic reservoir which is believed to be analogous to the effective reservoir at the Brage producing oil field (Faroe 14.3%), located approximately 13 kilometres to the north of Brasse. Preliminary results based on extensive coring, wireline logs and pressure data show that the well has encountered oil and gas in reservoir sandstones of good quality. The presence of oil and gas has been confirmed subsequently by fluid sampling. The partnership has now decided to drill a sidetrack to help confirm both the reservoir distribution and hydrocarbon contacts. A further announcement will be made at the completion of drilling activities. The co-venturer in the PL740 licence is Point Resources AS (50%).

21 Jun 2016

Drilling permit for wellbore 31/7-1 A in production licence 740

The Norwegian Petroleum Directorate has granted Faroe Petroleum Norge AS a drilling permit for well 31/7-1 A, cf. Section 8 of the Resource Management Regulations. Well 31/7-1 A will be drilled from the Transocean Arctic drilling facility at position 60°25'31.55"N and 3°1'28.23"E in production licence 740. The drilling programme for well 31/7-1 A relates to the drilling of an appraisal well. Faroe Petroleum Norge AS is the operator with an ownership interest of 50 per cent and Core Energy AS is a licensee with 50 per cent. The area in this licence consists of parts of blocks 31/7 and 30/9. Production licence 740 was awarded in APA 2013, 7 February 2014. This is the first well to be drilled in the licence. The permit is contingent upon the operator securing all other permits and consents required by other authorities prior to commencing drilling activities.

21 Jun 2016

Songa Delta suspended

Statoil will suspend the Songa Delta contract after the current well, Slemmestad, in the North Sea. From end June, 2016, the rig will go on 75% suspension rate (USD 277.000 per day). The expected resumption of the work with Statoil is indicated to be mid August 2016. The overall financial impact is expected to be limited, due to anticipated lower operating expenses in the warm-stacking period.

27 Jun 2016

Consent for use of Songa Encourage

Statoil has received consent to use Songa Encourage for the drilling and completion of wells at Åsgard and Heidrun. The consent covers production drilling, completion, workover, intervention and plugging. Planned start-up at Åsgard and Heidrun is mid-July 2016 and mid-December 2016 respectively. The PSA has now granted Statoil consent to use Songa Encourage at Åsgard and Heidrun in accordance with the company's application.

30 Jun 2016

Skipper Appraisal Well Update

Independent Oil and Gas plc ("IOG" or the “Company”), the development and production focused Oil and Gas Company, is pleased to announce that all resolutions were duly passed at the Company's Annual General Meeting held yesterday in London. The Company is also pleased to announce that it expects to take Transocean’s Sedco 704 semi-submersible drilling rig on contract and commence the drilling of the appraisal well on the Skipper oil discovery in the second half of July 2016. Skipper lies in Block 9/21a in licence P1609 in the Northern North Sea and IOG is the 100% owner and operator of the licence. The well is expected to take approximately 22 days to drill. The vertical well will be drilled to 5,600ft with the primary objective of retrieving good quality reservoir condition oil samples in order to optimise the Skipper field development plan. The well will also drill two mapped reservoir structures beneath the Skipper oil field in the Lower Dornoch and Maureen formations. The directors of the Company believe an approved field development plan on Skipper would convert the Board’s estimated 34.1 MMBbls of contingent resources, based on a 25% recovery factor, into 2P reserves.

6 Jul 2016

Lancaster 205/21a-7 Well Spud

Hurricane Energy plc, the UK-based oil and gas company focused on hydrocarbon resources in naturally fractured basement reservoirs, announces that the 205/21a-7 well on the Lancaster field, West of Shetland, was spudded at approximately 01.35 hrs on 6 July 2016, using the Transocean Spitsbergen drilling rig. The well is located on licence P1368 Central in which Hurricane has a 100% interest. The 205/21a-7 Pilot Well (the "Pilot Well") is the first in a two-well programme designed to refine the Lancaster resource range, provide a second future production well and provide new information to help optimally plan the Lancaster field development.

13 Jul 2016

Oil and gas discovery south of the Brage field in the North Sea - 31/7-1 and 31/7-1 A

Faroe Petroleum Norge AS, operator of production licence 740, has concluded the drilling of wildcat well 31/7-1 and appraisal well 31/7-1 A. 31/7-1 proved oil and gas and 31/7-1 A delineated the discovery. The wells were drilled 13 kilometres south of the Brage field in the North Sea. The primary exploration target for the wells was to prove and delineate petroleum in Middle Jurassic reservoir rocks (the Fensfjord formation). The secondary exploration target was also in Middle Jurassic reservoir rocks (the Brent group) and the third exploration target was in the Lower Jurassic (the Cook formation and the Statfjord group). 31/7-1 encountered a gas column of about 18 metres and an oil column of about 21 metres in sandstone in the Middle Jurassic Fensfjord formation. Reservoir quality is good. Well 31/7-1 A, which delineated the discovery, encountered a gas column of 6 metres and an oil column of 25 metres at levels equivalent to those of the discovery well. The secondary and third exploration targets were dry. Preliminary estimates indicate that the size of the discovery is between 6.8 and 12.7 million standard cubic metres (Sm3) of recoverable oil equivalents. The wells were not formation-tested, but extensive data acquisition and sampling have been carried out. The licensees will assess tie-in of the discovery to existing infrastructure on the Brage field. The wells are the first and second exploration wells in production licence 740, which was awarded in APA 2013. Well 31/7-1 was drilled to a vertical depth of 2750 metres below the sea surface, and was terminated in the Statfjord group in the Lower Jurassic. Well 31/7-1A was drilled to a vertical depth of 2270 metres below the sea surface, and was terminated in the Fensfjord formation in the Middle Jurassic. Water depth at the site is 140 metres. The wells will now be permanently plugged and abandoned. The wells were drilled by the Transocean Arctic drilling facility, which will now drill wildcat well 36/7-4 in production licence 636 in the North Sea, where ENGIE E&P Norge AS is the operator.

14 Jul 2016

Skipper Update

Drilling of the Skipper appraisal well, of which IOG is 100% owner and operator, is anticipated to commence on 22 July 2016 and will be drilled by Transocean’s Sedco 704 semi-submersible, which is expected to come on contract on or around 20 July 2016. Skipper lies in Block 9/21a in licence P1609 in the Northern North Sea and IOG is the 100% owner and the appraisal well is expected to take approximately 22 days to drill. The vertical well will be drilled to 5,600ft with the primary objective of retrieving good quality reservoir condition oil samples in order to optimise the Skipper field development plan. The well will also drill two mapped reservoir structures beneath the Skipper oil field in the Lower Dornoch and Maureen formations. The directors of the Company believe an approved field development plan on Skipper would convert the Board’s estimated 34.1 MMBbls of contingent resources, based on a 25% recovery factor, into 2P reserves. Initial results from the well are expected mid-August.

21 Jul 2016

Seco 702 Held for Sale

According to Transocean’s latest fleet status report (July 2016), the deepwater floater, Sedco 702, is held for sale and will be recycled in an environmentally responsible manner.

19 Jul 2016

Engie spuds Cara

ENGIE E&P Norge is the operator of the exploration well PL 636 Cara in the northern North Sea. The Cara well is located 35 kilometres from shore and approximately 6 kilometres from Gjøa in the Northern North Sea. Water depth is about 350 meters and both oil and/or gas cases are considered. The well is regarded a standard exploration well of conventional design with a four string casing program. The drilling rig Transocean Arctic will be conducting the drilling operation. The Transocean Arctic, operated by Transocean Norway Operations AS, is a harsh environment midwater semi-submersible drilling rig. The drilling operation is scheduled to take approximately 41 days. In case of discovery, the plan is to execute a Drill Stem Test for an additional 25 days to assess the size of the reservoir. "In case of a commercial discovery, Cara is a potential tie-back to the Gjøa-platform, which we operate. The results from Cara will increase our understanding of the Gjøa area, which is one of our core areas on the Norwegian Continental Shelf," says Cedric Osterrieth, Managing Director of ENGIE E&P Norge AS. The Norwegian Petroleum Directorate will announce the result of the drilling operation.

20 Jul 2016

Acknowledgement of Compliance for Songa Enabler

Songa Offshore has received the PSA's Acknowledgement of Compliance (AoC) for Songa Enabler. Songa Enabler is a semi-submersible facility and the fourth of the Cat D rigs that Songa is building for Statoil. 20.07.2016 Print Tip someone Register for news Songa Enabler is a semi-submersible facility and the fourth of the Cat D rigs that Songa is building for Statoil. In total, 60 mobile facilities have received an Acknowledgement of Compliance from the PSA. It is the PSA's assessment that petroleum activities may be carried out using the Songa Enabler facility within the regulatory framework. The validity of the Acknowledgement of Compliance assumes that Songa Offshore ensures that the facility and relevant parts of the company’s organisation and management systems are maintained, to fulfil the terms and conditions set out in the PSA’s decision. In connection with the AoC application for Songa Enabler, the PSA carried out audits within several selected disciplines.

20 Jul 2016

Skipper Update

Independent Oil and Gas plc ("IOG" or the “Company”), the development and production focused Oil and Gas Company, is pleased to provide an update on the drilling of the appraisal well on the Skipper oil discovery which lies in Block 9/21a in licence P1609 in the Northern North Sea. The Skipper appraisal well, of which IOG is 100% owner and operator, will be drilled by Transocean’s Sedco 704 semi-submersible drilling rig which is now on contract with IOG and is being towed to the drilling location. Operations are anticipated to commence on 22 July 2016. Further to the announcements on 7 December 2015 and 11 December 2015, the loan agreements signed with GE Oil & Gas UK Limited for £2 million and London Oil & Gas Limited, part of London Group plc for £2.75 million and £0.8 million have been extended to 20 December 2017, in line with a number of other service and equipment contractors on deferred payment terms for all or part of their costs on the Skipper well. No fees have been levied or further warrants granted in achieving this extension. It was previously announced on 14 July 2016 that from 19 July 2016, the number of Ordinary Shares in issue would be 101,546,680. The correct amount is 101,728,498 Ordinary Shares and this number should be used by shareholders going forward as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in the Company under the FCA’s Disclosure and Transparency Rules.

29 Jul 2016

Songa Enabler commencement of drilling contract

Songa Enabler has commenced drilling operations on 29 July 2016 in the Barents Sea. The rig is now on operating rate under its eight-year drilling contract with Statoil on the Norwegian continental shelf. Songa Enabler is the last rig in a series of four Category D semi-submersible drilling rigs, specifically built for and contracted to Statoil.

3 Aug 2016

Consent to use Songa Enabler at Snøhvit

Statoil has received consent to use Songa Enabler for drilling three wells at Snøhvit. Snøhvit is a gas field in the Barents Sea north-west of Hammerfest. Statoil is the field's operator. Snøhvit has been developed using a subsea production facility. The gas is transported onshore through a 143-kilometre-long pipeline to Melkøya, off Hammerfest. Production at Snøhvit began in 2007. Gas from the field contains CO2, which is separated out at Melkøya and sent back to the field for reinjection. Statoil has received consent to use the Songa Enabler mobile drilling facility to drill three wells on the field. Two of these are production wells, while the third is for reinjecting CO2. The wells are designated 7121/4 G-4 H, F-1 H and G-3 H. The two well templates are in 316 and 318 metres of water respectively. Drilling is scheduled to begin in late July 2016 and will last for 220 days in all. Songa Enabler is a semi-submersible drilling facility of the CAT D type. It was delivered by the Daewoo yard in South Korea in 2016, is registered in Norway and classified by DNV-GL. Songa Enabler was issued with an Acknowledgement of Compliance (AoC) by the PSA in July 2016.

2 Aug 2016

Consent to use Songa Delta at Tune

Statoil has received consent to use Songa Delta for well plugging at Tune. The Tune field is a gas and condensate field in the North Sea, around 10 kilometres west of the Oseberg field centre. Statoil is the field's operator. Water depth at the site is around 95 metres. The field has been developed using a subsea template and a satellite well tied back to Oseberg. Production at Tune began in 2002. Statoil has now received consent to use the Songa Delta mobile drilling facility to plug well 30/8-A-12 on the field permanently. The activity is scheduled