ConocoPhillips has been granted a drilling permit for Norwegian Sea exploration by the Norwegian Petroleum Directorate (NPD).
ConocoPhillips Skandinavia AS, as operator, will drill exploration well 6507/5-11 in PL 891 in March using the Transocean Norge semisubmersible drilling rig.
ConocoPhillips holds 80% interest in the license. Pandion Energy AS holds the remaining 20%.
In December 2020, the operator drilled discovered oil in the license on the Slagugle prospect with well 6507/5-10, 14 miles north-northeast of Heidrun field (OGJ Online, Dec. 22, 2020). Preliminary estimates of the discovery’s size are between 75 million and 200 million boe recoverable.