Lundin lowers outlook for Gaupe in North Sea

Following poor performance from the Gaupe field offshore Norway, 2P reserves have been reduced, according to partner Lundin Norway.

Offshore staff

STOCKHOLM, Sweden – Following poor performance from the Gaupe field offshore Norway, 2P reserves have been reduced, according to partner Lundin Norway.

Gaupe, asubsea tieback to BG’s Armada complex in the UK central North Sea, was brought onstream last March.

Lundin assumes no further production wells will be drilled.

1/21/2013

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