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Statoil will restart drilling in Venezuela's deltana platform in mid 2006



Petroleumworld
CARACAS
Petroleumworld.com 01 31 06

Statoil said on Monday that it will resume its drilling in Venezuela's offshore Deltana platform in mid-2006.

Statoil suspended operations last year because of safety concerns with the Transocean s Sovereign Explorer drilling rig failed to meet Statoil's safety requirements for work on high-pressure reservoirs, a company spokeswoman said Monday, Dow Jones reported..

"We're looking at the end of the second quarter or the start of the third," she said, Dow Jones quoted.

Statoil won a license in 2003 to operate block four in the Deltana platform.

Statoil hopes to finish drilling three exploratory wells By February 2007, Statoil hopes to finish its preplanned drilling program that includes drilling three exploratory wells.

To finish on time, Statoil will probably engage a second rig to accelerate the drilling program.

The Deltana contains an estimated 40 trillion cubic feet of natural gas reserves.

 

Petroleumworld 01/30/06

Copyright © 2006 Petroleumworld. All rights reserved

 

 


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