Lundin extends Barents Sea gas corridor

Lundin Norway has proven gas in the Skalle prospect in the Norwegian sector of the Barents Sea.

Offshore staff

STOCKHOLM, Sweden -- Lundin Norway has proven gas in the Skalle prospect in the Norwegian sector of the Barents Sea.

Well 7120/2-3S was drilled by the semisub Transocean Leader in production license 438, 25 km (15.5 mi) north of the producing field in the southwestern part of the Barents Sea.

Lundin’s primary goal was to prove hydrocarbons in the Cretaceous Kolmule and Knurr formations, and the Jurassic Stø/Tubåen and Triassic Fruholmen/Snadd formations.

Partner Spring Energy adds that the well proved a new reservoir model in the Barents Sea by revealing a 95-m (311-ft) gas column in the Kolmule formation. Gas/water contacts were intercepted in the Kolmule and Stø reservoirs while the Knurr formation proved a gas-down-to situation.

Lundin estimates gross contingent resources are estimated at 88-280 bcf (15 to 50 MMboe). However, according to Spring, there is upside in a northern Stø formation segment and in the Knurr formation, which could thicken downflank.

Additionally, there is a potential oil column below the proven gas-down-to situation. The PL438 licensees are considering appraisal drilling to clarify Skalle’s commerciality.

The license has other prospects and leads, several of which have the Kolmule formation as their main target.

Recently, Spring farmed into 20% of the neighboring PL 490 license, where a well will be drilled next year on the Juksa/Snurrevad prospect situated between Skalle and Snøhvit. Main targets for this well will be the Kolmule and Knurr formations.

Transocean Leader is now sailing to the North Sea to drill the Aldous Major South prospect (well 16/2-8) for Statoil Petroleum.

07/08/2011

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