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Edison Norge gets approval to drill wildcat well in Valhall oil field, North Sea

Edison Norge has obtained a drilling permit from the Norwegian Petroleum Directorate to drill wellbore 2/11-11.

The drilling programme for Wellbore 2/11-11, which will be drilled from the Transocean Searcher drilling facility, applies to drilling of a wildcat well in production licence 616.

Said to be the first one to be drilled in this licence, the well will be drilled about 8km south of the Valhall field at position 56°12'11.75''N and 03°23'26.53"E.

Comprising portions of boundary blocks 2/7, 10 and 11, the area in the production licence 616 is located in the southernmost part of the North Sea.

"The Norwegian agency granted the drilling permit to the company on the condition that it secures all other permits and consents required by other authorities prior to beginning the drilling activity."

Edison Energy Norge operates the well and owns a 25% interest in it.

The licensees include Noreco Norway with a 20% interest, Concedo with 20%, Skagen 44 with 15%, North Energy with 15%, and Lime Petroleum Norway with 5%.

Production licence 616 was awarded by the Norwegian Petroleum Directorate in 2012.

The Norwegian agency granted the drilling permit to the company on the condition that it secures all other permits and consents required by other authorities prior to beginning the drilling activity.

Discovered in 1975, the Valhall oil field is located in 70m of water and production from it began in 1982.

The production is further expected to continue until 2050.

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