Statoil to use Scarabeo 5 for plugging wells in Norwegian Sea

Statoil to use Scarabeo 5 for plugging wells in Norwegian Sea

STAVANGER, Norway -- Statoil has received consent from the Petroleum Safety Authority (PSA) to use Scarabeo 5 drilling facility for plugging and production drilling of wells in the Norwegian Sea.

Statoil is the operator of the Kristin field, which is in blocks 6406/2 and 6506/11 at Haltenbanken in the Norwegian Sea.

Statoil will plug well 6406/2-R-4 BHT2 permanently and simultaneously drill a new production well as a sidetrack from the well being plugged. The new production well will be designated 6406/2-R-4-CH.

Water depth at the site is 355 m and the combined activities are estimated to last 138 days.

Scarabeo 5 is a type ME 4500 drilling facility and was built at the Fincantieri Shipyard in Genoa, Italy in 1990. It is operated by Saipem Norwegian Branch. It is registered in the Bahamas and classified by ABS.

Scarabeo 5 was issued with an Acknowledgement of Compliance by the PSA in May 2003.