Aker BP has received approval from Norway's Petroleum Safety Authority (PSA) to drill exploration well 24/9-11S at the Volund field in the North Sea.
The well will be drilled by Transocean Arctic. Aker BP is operator of the Volund field, which is located approximately 220km west of Tananger in Rogaland County.
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Volund oilfield has been developed using a subsea facility tied back to the Alvheim FPSO unit. The water depth at the site is 122m. Approval also covers the potential sidetrack.
The object of the drilling is to investigate the potential of a formation 7.5km west of the subsea facility at Volund. Drilling is expected to be completed within 28 days. Any potential sidetrack will be in addition to this.
Aker BP will use Transocean Arctic mobile drilling facility to perform drilling. The facility is owned by Transocean Ltd.
Transocean Arctic was established in 1987 by Mitsubishi Heavy Industries in Japan.
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By GlobalDataThe drilling facility was modernised in 2004 and secured Acknowledgement of Compliance from the PSA in July that year. Aker BP focuses on exploration, development and production activities on the Norwegian Continental Shelf.
It is 40% owned by Aker ASA, 30% by BP and 30% by other stakeholders.
