Faroe Petroleum said today drilling had started at its Darwin exploration well in the Norwegian Barents Sea.
Graham Stewart, the Aberdeen-based firm’s chief executive, added: “This well is located in the promising western part of the Barents Sea – an area where a major breakthrough was achieved in 2011, with the giant Skrugard oil discovery.
“We have an active 2013 exploration drilling programme, which includes several high impact exploration wells.”
The Darwin well – the firm’s first in the area – will be operated by Repsol Exploration Norge, which owns a 20% stake in the project alongside Faroe (12.5%) Talisman Energy Norge (12.5%), Marathon Oil Norge (10%), RWE Dea Norge (15%), Det norske oljeselskap (10%) and Concedo (20%).
Darwin’s startup follows last week’s announcement that Faroe had acquired a 25% stake in the Pil prospect in the Norwegian Sea and a 50% share in the Lowlander discovery in the UK central North Sea.
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