A drilling facility in the Norwegian waters of the North Sea is moving on to frontier territory after coming up empty-handed, a partner in the effort said. Regional explorer Aker BP, the operator of the license, was drilling a wildcat well, one not previously known to hold reserves. The exploration well was about 4 miles southwest of the producing Knarr field and 12 miles north of the Visund field. The Norwegian Petroleum Directorate data show the company came up empty-handed. “The well has been classified as dry, with traces of petroleum,” it stated Tuesday. Aker BP has the controlling interest in the effort. Cairn Energy is a minority partner and said the drilling facility, the Transocean Arctic, is moving closer to […]