24 June 2014, News Wires – UK explorer Tullow Oil has secured a permit from the Norwegian authorities to drill a further North Sea wildcat targeting the Lupus prospect after coming up dry at two previous wells in the mature play.
The 31/10-1 well will be drilled in a water depth of about 121 metres in Tullow-operated production licence 507 using semi-submersible Borgland Dolphin, about 36 kilometres south of the producing Oseberg South field.
The probe, targeting net mean resources of 167 million barrels, will be the first to be drilled in the licence and is likely to kick off shortly, with an estimated duration of 39 days.
Tullow holds a 70% operating stake in the licence, with partners Explora Petroleum and Ithaca Energy on 20% and 10% respectively.
The explorer will be hoping for success in the North Sea play after failing to deliver the goods with its earlier Mantra and Gotama wells.