Statoil has been given consent from Norway’s Petroleum Safety Authority (PSA) to drill an exploration well named Knappen in the North Sea.
The company is the operator for exploration licences PL 072 D in block 16/7 in the Central North Sea.
Drilling of well 16/7-11 will begin in February and in the event of a discovery a sidetrack will also be drilled and the well will be production tested.
Water depth at the site is 80.5m.
The well will be drilled by the Songa Trym, which had been temporarily suspended by Statoil last year.
The company had issued a postponement period for a number of contracts due to higher costs and low profitability.
However the Norwegian company announced shortly after it would resume operations this month.
It had been temporarily out of use at a suspension rate of $279,000 per day.
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