Statoil will use the ocean vanguard drilling rig to spud the 16/2-17 S well, once the drilling of the appraisal well 16/5-3 in production license PL502 is completed.

The drilling program for well 16/2-17 S includes drilling of an appraisal well in production license PL265. The well will be the seventh well to be spuded on the Johan Sverdrup discovery on PL265 and the eleventh well in the license area.

The NPD approved drilling permit will be liable only when Statoil secures relevant permits and consents from other authorities before starting drilling activities.

Statoil Petroleum with 40% ownership interest is the operator, whereas the other licensees are Petoro, Det norske oljeselskap and Lundin Norway with 30%, 20% and 10% interest, respectively.