STOCKHOLM, Sweden --Lundin Oil has spudded an exploration well on the Scolty and Banchory prospects in UK North Sea block 21/8.
Well 21/8-3 is the second of three back-to-back wells on the UK shelf drilled by the jack-upSanta Fe Galaxy II. In this case, it is targeting Palaeocene and Jurassic sandstones.
Lundin has defined the Scolty prospect via a 3D seismic anomaly, while the Banchory prospect is a stratigraphic pinchout. Unrisked gross potential reserves are estimated at 51MMboe.
In the Norwegian sector, the company has also started drilling the Luno prospect in block 16/1-8, production license PL 338, using the semi-subBredford Dolphin. This well has been designed to test hydrocarbon potential in Middle and Upper Jurassic sandstones. Lundin assesses Luno's prospective resources at around 250MMboe.