Statoil spuds Flemish Pass basin wildcat

From Upstream
Upstream the International Oil & Gas Newspaper, May 26, 2017, http://www.upstreamonline.com. All articles provided by Upstream are protected by copyright. Any unauthorized reproduction is strictly prohibited.

Norwegian major Statoil has spudded the first of two more wildcats in the oil-rich Flemish Pass basin off eastern Canada, writes Iain Esau.

Located in exploration licence 1143 off Newfoundland, the Portugal Cove E-38 exploration well spudded on 16 May and is being drilled by Seadrill’s West Aquarius drillship.

Statoil has a 65% stake in EL 1143 and is partnered by Husky Energy.

Continue Reading