Petrolia Noco today announce that drilling has commenced on the Dugong Tail exploration well. Dugong Tail is an additional prospect in the PL 882 license located approximately 4 to 5 kilometres south-west to the Dugong discovery made in 2020. If successful, the exploration well could contribute to the further development of the Greater Dugong Area. Petrolia Noco has 20% ownership in the license.
Dugong Tail is being drilled by the Deepsea Yantai, a semi-submersible rig, owned by CIMC and operated by Odfjell Drilling. The well is located 120 kilometres west of Florø, Norway, at a water depth of 320 metres, close to existing production facilities at the Snorre field. The reservoir lies at a depth of 3,200 to 3,500 metres.
The drilling program comprises a main bore with the potential for sidetracks, should hydrocarbons be encountered.
Data from the Dugong Tail well will help to de-risk additional exploration and development opportunities in the license and in the surrounding area, where Petrolia Noco holds a material 30% share in two licenses (PL992 and PL994) adjacent to PL882.
Petrolia Noco’s Managing Director Linn Katrine Høie said: “The ongoing drilling programme demonstrates our commitment to the Greater Dugong Area building on our strong position in the Tampen Core Area”
The Dugong partners aim to submit a Plan for Development and Operation by the end of 2022.
Dugong licence-partners: Neptune Energy (operator and 45%), Petrolia Noco (20%), Idemitsu Petroleum Norge (20%) and Concedo (15%).