Faroe Petroleum, of Aberdeen, said yesterday that drilling had begun on the Fogelberg prospect in Norwegian waters.
The company said Fogelberg was a substantial oil prospect, located about six miles north of the producing Asgard oil field, with a structure similar to the Statoil-operated Morvin oil and gas discovery located six miles to the south-west, which is expected to come on stream towards the end of this year.
Centrica is the Fogelberg operator and has a 28% stake. Partners are Petro-Canada 30%, E.ON Ruhrgas 15%, Faroe 15% and North Energy 12%.
Mr Stewart said: “With the Fogelberg prospect in Norway we are very pleased to have begun our 2010 programme with the first of five scheduled high-impact wells. These wells follow our successful exploration programme which resulted in the significant discoveries of Glenlivet and Tornado in the UK Atlantic margin last autumn.
“Fogelberg is the first of two wells we have scheduled for the Norwegian Sea this year. The second is the Wintershall-operated Maria appraisal well (Faroe 30%), which is expected to start in the second quarter.”
“Our other three 2010 exploration wells will be drilled in the deepwater Atlantic margin, and are all operated by major oil companies. These substantial oil prospects are Anne Marie, in the Faroes (operated by ENI), Cardhu, in the UK (operated by BP) and Lagavulin, in the UK (operated by Chevron).”
Meanwhile, Canadian oil and gas operator Ithaca Energy, which is focused on the UK North Sea, said that the Galaxy II jack-up rig, contracted to drill an appraisal well on the Stella field, would start drilling this month.
Ithaca became operator of the central North Sea gas and condensate Stella field and two additional discoveries, Hurricane and Harrier, in November.
The company said timely development of Stella, which has proved and probable reserves of about 17million barrels of oil equivalent, would allow it to consider the potential development of the neighbouring Harrier and Hurricane discoveries as tiebacks to Stella.
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