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Norway: Petrolia NOCO awarded 3 licenses in APA 2020

Norway: Petrolia NOCO awarded 3 licenses in APA 2020 19 Jan 2021 Petrolia NOCO has been awarded three licenses by the Norwegian Ministry of Petroleum and Energy. The licenses (PL 1106 20% , PL 1107 30%) are located in the northern North Sea and one operated license ( PL 1013 B 60%) in the Norwegian Sea. The addition of these licenses to Petrolia NOCO’s portfolio means that it continues to deliver on its near field exploration strategy. The award strengthens the Company’s position in its core area of the Tampen Hub, where it holds 20% in the Dugong discovery (PL 882) and 30% share in the adjacent PL 992 and PL 994 licenses. More exploration drilling is planned in the Tampen area in 2021, including the Dugong Tail exploration well and Dugong Appraisal well. Petrolia NOCO looks forward to collaborating on de-risking the prospects identified in the newly awarded acreage in collaboration with our existing partners Neptune Energy Norge AS, DNO ASA, Lundin Norway AS and new partne

North Sea Wells Apply Unconventional Approach

This photo shows a CAN installed on an exploration well in the Norwegian North Sea in April 2020. PHOTO SOURCE: Neodrill Neodrill, developer of a technology that reportedly lowers the environmental impact on well top-hole activity, reported Monday that it has signed a frame agreement with Neptune Energy. Additionally, Neodrill revealed that its Conductor Anchor Node (CAN) technology has been deployed on two Neptune projects. In a written statement emailed to Rigzone, Neodrill pointed out that two of its “CAN-ductors” were installed on two Neptune exploration wells in the Norwegian North Sea in April of this year. It added that another campaign scheduled for this month will install a CAN-ductor on the Tail well and another on the Dugong appraisal well.

Norway: Neodrill announces projects with Neptune Energy

Norway: Neodrill announces projects with Neptune Energy 14 Dec 2020 The projects represent Neodrill’s first and second 2-wells campaigns with Neptune Energy In the first campaign the 2 CANs were installed on two exploration wells in the Norwegian North Sea in April The second campaign is scheduled for December, where 2 CANs will be installed for the Tail well and Dugong appraisal well Neodrill’s CAN technology reduces environmental impact by up to 44% compared to conventional technologies for the top hole, saving 2-4 rig days per well Neodrill, known for its industry-leading CAN technology, has signed a frame agreement and announced its first two projects with

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