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Statoil Explores Gjallar Prospect

Statoil gathered seismic data last week on its Gjallar North exploration

Statoil Explores Gjallar Prospect

Statoil gathered seismic data last week on its Gjallar North exploration prospect, awarded as part of Norway's recent 18th offshore licensing round.

Statoil has earlier chartered Ocean Rig's Eirik Raude drilling unit, which has worked under Arctic conditions off Canada and is now in Cuban waters.

This vessel will be moving to Norway to drill on the Troll field in the North Sea this autumn, before mobilizing to the Barents Sea for three wells in the course of the winter.

The charter with Ocean Rig includes an option to use the rig on one of the company's 18th-round blocks, where drilling could begin next year.


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