Lundin spuds Petrovskaya-1 exploration well

Lundin Petroleum has spudded the Petrovskaya-1 exploration well in the Lagansky block in the Russian sector of the northern Caspian.

Offshore staff

STOCKHOLM -- Lundin Petroleum has spudded the Petrovskaya-1 exploration well in the Lagansky block in the Russian sector of the northern Caspian.

The Petrovskaya structure is a four-way dip closure on trend with, adjacent to, and up-dip of, the Morskaya field. The Petrovskaya well has a planned depth of 2,100 m (6,890 ft) targeting the sandstones of the Lower Cretaceous. Gross unrisked prospective resources are estimated at 300 MMboe, Lundin says.

“The Petrovskaya structure is on trend with the Morskaya structure, where we made a world class discovery in 2008 with the Morskaya-1 well,” says Ashley Heppenstall, president and CEO of Lundin Petroleum. “With the strong drilling and marine operations capability that we have built over the last three years from our base in Astrakhan, Lundin Petroleum is ideally placed to be at the forefront of ongoing exploration and development in the Russian sector of the northwest Caspian.”

10/16/2009

More in Drilling & Completion