Lundin continues offshore oil search in Luno area of North Sea

The semisubmersible Bredford Dolphin drilling rig has spudded a well on the Luno II prospect in the Norwegian North Sea for Lundin Norway.

Offshore staff

STOCKHOLM, Sweden –The semisubmersible Bredford Dolphin drilling rig has spudded a well on the Luno II prospect in the Norwegian North Sea for Lundin Norway.

Main objective of well 16/4-6S on license PL359 is to prove hydrocarbons in Jurassic reservoir sandstones, at a location south of theEdvard Grieg (ex-Luno) field. Lundin estimates prospective resources at 139 MMboe.

Drilling should last around 45 days.

East of Edvard Grieg, Lundin has completed exploration well 16/1-17 in PL338 using the semisub Transocean Winner. This was targeting the Jorvik prospect in a separate basin.


Based on sampling, mobile oil was proven in a tight reservoir consisting of conglomeratic and pebbly sandstones. The well was drilled into basement and water pressure indicates a pressure regime close to the Edvard Grieg field and the Luno South discovery.

In the Norwegian Sea, Norske Shell has permission from the Norwegian Petroleum Directorate to drill a wildcat 7 km (4.3 mi) southeast of the Linnorm discovery.

SemisubTransocean Barents will drill the well on PL255, after completing a current exploration well for Repsol in the Barents Sea.

This will be the sixth well on the license, awarded in 2000.

3/15/2013

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