North Sea Energy and its joint venture partners successfully spud the Bagpuss well.
North Sea Energy has 15% stake in the prospect, Maersk Oil has a 25% stake, EnCounter Oil has a 13% stake, Groliffe has a 6% stake and Premier Oil has an operating stake of 40%.
The well, which was spud on Monday, will be drilled to approximately 1,550 ft subsurface to evaluate the prospectivity of the reservoir interval beneath the Chalk and above the granite basement.
Ocean Valiant offshore drilling rig left the Solan development and arrived on site over the weekend. The results of the well are expected to be released in early August.
The Canadian firm farmed out the 25% stake to Maersk in the Moray Firth prospect in 2013.
Under the deal, the Danish giant acquired the working interest in the field in exchange for taking on the costs of drilling the first exploration well on the site.
Maersk will also carry 50% of North Sea’s costs on an appraisal well
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