Offshore staff
STOCKHOLM-- Lundin Norway has failed to prove further oil with its latest exploration well in the Greater Luno area of the North Sea. The aim had been to test the hydrocarbon potential in early Cretaceous/Jurassic sediments, south of the Luno South discovery.
However, the well, drilled by the semisub Transocean Winner in block 16/4, on license PL 359, encountered non-reservoir sedimentary rocks above tight fractured granitic basement at the prognosed reservoir level.
Lundin adds that widespread cemented fractures were in evidence in the granite basement section, and traces of oil were found where open fractures were present. The well was drilled to a TVD of 1,994 m (6,542 ft) sub-surface, in a water depth of 104 m (341 ft).
Following extensive data acquisition, including coring, wireline logging, and MDT programs, the well was plugged and abandoned.
Ashley Heppenstall, Lundin President and CEO, says: "The primary objective of the well in locating reservoir, updip of the Luno discovery was unsuccessful. However all wells drilled in the Greater Luno Area have encountered hydrocarbons above the regional oil water contact and as such we remain confident of further potential in the area.
“Our next well in the Greater Luno Area on PL501 will be on the Avaldsnes prospect targeting similar reservoir to the Luno discovery. The well will be drilled in the third quarter of 2010."
3/8/2010
