The
Norwegian
state
oil
company
has
secured
a
drilling
permit
from
the
authorities
to
drill
the
16/2-17S
appraisal
on
the
Sverdrup
fault
margin
in
its
operated
production
licence
265.
It
intends
to
use
the
same
rig,
semi-submersible
Ocean
Vanguard,
that
has
struck
oil
pay
with
an
exploration
well
in
adjoining
licence
PL502,
apparently
proving
an
extension
of
the
giant
find.
Drilling
of
the
ongoing
well,
which
kicked
off
around
20
February,
is
expected
to
take
about
36
days.
Statoil
is
targeting
further
resource
upside
with
the
subsequent
appraisal
–
the
seventh
such…